73 Airport Road
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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage
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About this property
When calling, please use enquiry code 116921 Land for Sale DA for Eight New Units (Expired) Dual Income Opportunity 73 Airport Road, Horn Island An outstanding development and investment opportunity set on approximately 2,000sqm of land in a beautiful natural landscape. The property enjoys exceptional privacy, with no neighbouring properties on two sides, creating a peaceful and highly desirable setting. The site previously held Development Approval (DA) for eight new units (now expired). Reapplication will be required; however, the prior approval highlights the strong development potential of the land. Relevant documents are available upon request. Currently occupying the site is a two-storey building configured as a potential tenancy, offering rental income: Upstairs: 4-bedroom unit, last rented at $600 per week Downstairs: 2-bedroom unit, last rented at $400 per week Combined rental income of $1,000 per week (approx. $52,000 per annum). The dwellings are in basic condition, with a total of 6 bedrooms and 3 bathrooms, and may be rented as-is or upgraded over time. Key Features: Approx. 2,000sqm land parcel DA for 8 units (expired reapplication required) Existing dual-income property No neighbours on two sides Set within a stunning natural environment Approximate council rates: $7,000 per year This property presents a rare combination of potential rental income, future development potential, and privacy in a natural setting, making it ideal for developers or investors. For further information or to obtain DA documentation, please contact me. When calling, please use enquiry code 116921
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Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 6
- Bathrooms
- 3
- Land Area
- 2000m²
- Listed
- 2 months ago
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Island Retreat
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