Looking for a project? Whether you are wanting to renovate, rebuild or demolish, this property is the one for you! Situated only 700m from the Alice Springs CBD, this property offers 1120sqm of land with MR (Medium Density Residential) zoning, meaning if you were to demolish the lot, there is an opportunity to develop a complex of townhouses. Originally built in 1969, the house offers lots of character with three bedrooms and two bathrooms, high ceilings and concrete floors. The house itself has a good brick foundation however as you walk inside, you will find that you will need to put your renovating hat on. New floors, new paint and all new cabinets would bring this house up to today’s standards. The yard is quite spacious, with a shed and ample room to develop more dwellings on the site. This property offers excellent investment potential. Council Rates: $4,065.13 p.a. - Well located investment property - Situated a short walk to the Alice Springs CBD - 1,120sqm of land