221 Tomahawk Road
Ocean Grove

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Property Features

Property ID: 3425341

Investment with Potential

221 & 221A Tomahawk Road
Block of 4 x 2 bedroom flats plus extra land
All units have Heatpumps
Quiet location but close to the city
Close to the beach at Ocean Grove, some with sea views
Opportunity to add value and increase returns
Development potential on bare land - subject to DCC approval
Build area approx 300m2 - OSP for all units
2 Titles comprising 1544m2 in total
Combined RV of $845,000
Returning $1050 pw = $54600 pa (with potential for increases)
Asking price of $900,000 = 6% return
Off shore Vendor wants Sold !!!!
Enquire now!

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