25 Cumberland Road

**Currently Tenanted until March 2027** This is a WHOPPER of an opportunity! In a time where the tax system rewards investors who build, you need to check out the options available here! Not only is this a retain and build opportunity, it's technically a retain and DOUBLE BUILD opportunity. the R25/60 zoned CORNER block can potentially host 2 brand new homes on each side of the existing one! To make this even more juicy - the existing house is a 4 bedroom, 2 bathroom home! This is very rare indeed, as the retain and build potential properties are usually 3x1s only! And the best part is, the location is amazing too! Everything cool is "just around the corner". The home is just around the corner from parks and playgrounds, shops and schools, childcare, doctors and more! The home is a little older and tired in places, but it does have a great layout so would renovate well in my opinion. The kitchen may look like it came straight out of 1972 - but it's spacious enough to upgrade into something rerally awesome! But renovating is a later problem. For now, this home is being leased by a really cool family so you will have an instant income while you plan your next moves. This is rare, this is cool, and this is available now - for now. It's time to call The Mitchell Brothers! Quick Facts • 792sqm CORNER block • Zoned R25/60 • Retain and DOUBLE build potential • 4x2 • Superb location • Tenanted until March 2027 Water rates: $1,246.03 Total for 2024 - 2025 financial year (approx.) Council rates: $2277.13 p/a (approx.) Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.