917m2 (approx) - Dual Income - Subdivision Potential (STCA) Savvy buying with so much scope to add value, enjoy strong rental returns straight away and explore the development potential in the future, the choice is yours but now is the time to act! Currently generating a solid $705pw rental income, the property consists of 2 residences, a large 2 bedroom home + sleepout and a generous 1 bedroom second dwelling. The 2 bedroom home features oversize living & bedrooms plus modern kitchen and a sleepout offering additional functionality. The 1 bedroom home is also generous in size and boasts a modern kitchen and private, secure yard. And outstanding location, only a few hundred meters from the lakefront cycleway and within an easy drive of shopping, beaches and clubs, don't delay. - Lapsed approval for subdivision - Dual driveways - Quality tenants