Dual Title Re-Development Site
The subject property comprises a large re-development site located in the heart of Finch Hatton. The 2286 square metre site comprises two Titles. Lot 22 has an area of 818 square metres fronting 8 Zahmel Street and adjoining Lot 23 has an area of 1468 square metres fronting 16 Anzac Parade, opposite the Finch Hatton Hotel.
Both sites are improved with old high set dwellings which would be in the order of fifty years old and would require substantial renovation expenditure to reinstate.
8 Zahmel Street includes an in ground pool and 16 Anzac Parade includes an ablution block which previously serviced several caravan sites.
Both houses are currently tenanted with periodic leases.
The vendors preference would be a single sale contract over both sites, however, would consider separate sale at $249,000 per Lot.
This site (or sites) provides a unique opportunity for the astute investor as Finch Hatton is the launching pad for the proposed Mountain Bike Trail which is expected to attract both national and international visitors.
For further Details on the property go to www.blacksrealestate.com.au and enter “Anzac Parade” to the search bar or contact Dan for inspection.
Real Estate Agent
