7 Elizabeth Street Fannie Bay DECEASED ESTATE - DEVELOPMENT OPPORTUNITY This property holds an abundance of potential in a premium location that is opposite a park and close to the beach. With multiple dwelling (MD) zoning, this block is 1,260 square metres in size and offers a 27.4 metre street frontage. The existing dwellings, with some love and care, could become a very comfortable home. However, should the block be developed these dwellings could be leased to provide holding income. Prime land with multiple dwelling zoning First time offered since 1954 Great opportunity to build 4 townhouses Current dwellings can provide holding income Main house with 2 bedrooms & 2 bathrooms Separate living & dining spaces Internal laundry & pantry/storeroom Granny flat with 1 bedroom, 2 bathrooms & workshop Undercover parking for 1 vehicle Convenient location, only minutes from the CBD About the Property... Council Rates - $4,100 (approx) per annum Area on Title - 1,260 square meters Frontage - 27.4 metres Zoning - MD (Multiple Dwelling) Easement - Sewerage to PAWA (rear boundary) Status - Vacant Possession Terms - 10% deposit & 30 day settlement Vendors Conveyancing Agent - Angel Conveyancing Karl Seconids One Real Estate General Features Property Type:House Bedrooms:3 Bathrooms:4 Indoor Features Toilets:4 Workshop Built-in Wardrobes Dishwasher Split-system Air Conditioning Outdoor Features Carport Spaces:1 Shed Return to Auction Calendar. Source: http://www.realestate.com.au/property-house-nt-fannie+bay-119409067 For more information on a Darwin home loan from a mortgage broker based in Darwin call today on 0447 499 794.