63 Pildappa Avenue, Park Holme
Sold! $490,000 - Flat
GREAT INCOME NOW, SUBDIVIDE OR DEVELOP LATER!
This property represents a good secure investment, disposed as 3 units, all tenanted, with a weekly income of $590.00.
This property is on some 740 square metres of land with a frontage of 23.77 metres it is zoned RG15 within the city of Marion. This offers you the potential to subdivide or develop STCC.
Park Holme is a secret waiting to be discovered. While there is development going on, Park Holme still has a lot to offer developers over the coming years.
Because the property offers such a good return you can just rent it out and reap the rewards and take advantage of the capital growth. As land prices increase you will find that allotments with such wide frontages will be most attractive to developers as they offer a simple, cost effective subdivision where both new dwellings have a street frontage, which is most desirable to prospective purchasers of courtyard homes.
