Description

Prime location for development.
Adjoining parcels of land with 2 x Cottages, (1 x 2 bedroom and 1 x 3 bedroom) on separate titles - total parcel of 1360sqm corner block at 328-332 Fallon Street North Albury.
Currently both properties leased returning $230 and $250 per week, returning 6.24%pa gross.
Draft plans undertaken to develop for 5 x townhouses (STCA), development can be sold with or without council approval.
Close walking distance to public and private schools, public transport within 50m, close proximity to both Albury CBD & Lavington shopping precinct
Agent interest (Robert)