172-174 Percy Street, Portland
Own it, Hold it, Develop it, Get a return!
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A rare opportunity to own two titles situated on the main street of Portland and zoned Commercial 2. The two-bedroom brick house is currently tenanted with good rental history and can provide a good return while preparing development plans.
The home features large windows letting in plenty of natural light throughout the home, the master bedroom includes large built-in-robes. There is ample storage space throughout the living room that connects to a formal dining space. The kitchen over looks the spacious backyard and with the total block size of approximately 1587, the house sits on 1 title the size of approximately 917m2 and the second title, the vacant block is approximately 670m2 and has access to Percy Street and rear access.
Located close to the beach and surrounded by other corporations and health services this property makes a great opportunity for a number of different commercial developments (STCA).
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$3,078
Estimated monthly repayments based on advertised price of $685000.
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