This is your chance to seize a prime real estate opportunity with multiple income streams possible. Presenting a freehold 1,822sqm site (more or less) on two titles with options and potential for both commercial use and residential redevelopment. Whether you're an investor looking for rental income or a developer with a vision, this property offers incredible potential.
Zoned NPDC medium density residential, a visit with your surveyor would be worthwhile. 334 generates $300 per week, perfect for an immediate return while you have plans drawn and your project consented. 336 presents a myriad of options, both commercial and residential, with the sealed car park for 14 vehicles being a huge asset. Split-level configuration featuring a well-appointed three-bedroom apartment upstairs, a one-bedroom apartment downstairs with independent access, and two additional rooms with compact office potential.
Explore Airbnb possibilities or consider this property for a destination business premise, the choice is yours. Perhaps you’re looking for a large home for dependent relatives. An exceptional opportunity for developers or as a longer-term hold once you assess the market in 2024. Only 600m (more or less) to the Coastal Walkway, with the popular Elixir West Café and Proof and Stock just a short walk away.
Option A: Buy 336 Devon Street West
Option B: Buy 334 Devon Street West
Option C: Buy both freehold properties
*Purchase prices will be inclusive of GST
By negotiation