It’s pure land value with a steady rental income whilst you watch your double block investment grow!
Rare 1083 sqm double allotment with good elevation in Manly West and proudly presented to the market by your local experienced agent Reno Muscat of Re/Max Advantage.
Double block of land within an established pocket in Manly West, located in a street which has already seen significant redevelopment that offers high potential capital growth.
Located at 16 Mackenzie St, Manly West, this double block ticks all the boxes:
Tick One Walking distance to local clubs, shops and bus transport services.
Tick Two Double allotment with each site 10 m frontage, and each block has a massive 54 metre depth Total land area 1083 sqm (20m x 54m)
Tick Three Priced right to allow either for immediate redevelopment, or hold and take advantage of the capital growth potential.
Tick Four Excellent tenant in place already and returning $370 per week
Tick Five – Sound four bedroom dwelling in good condition throughout will provide a steady rental income whilst you develop your plans for the future of the site.
The street of Mackenzie St, has already seen some significant re-development, so there are brand new, high value homes neighbouring this property and being developed elsewhere within the vicinity.
Top value property in top value location so don’t hesitate, and contact your local experienced agent to view.
Sustainability Declaration available upon request from Re/Max Advantage.