CPMS Commercial is pleased to present for sale an opportunity to acquire this residential property investment with potential to fully redevelop the site or retain the existing residence and build a second residence at the rear (STCA).
With the current owners offering sale with commercial “lease back” terms for a period of twelve months with options to extend provides stream of income while organising the future development of the property.
The existing residence is well maintained with separate lounge and dining room, small sitting room, master bedroom with built in robes and second bedroom. It also features a small kitchenette, laundry and a renovated bathroom. Other features include undercover car parking with secure fencing to a large rear yard.
The property is close to the local strip shopping centre, a post office, the Albury Base Hospital precinct and the new Albury and Wodonga Cancer Centre, railway station and Albury regional airport.
This opportunity provides a number of possibilities for the future and would ensure a solid investment for an investor developer.