12 Rees James Road Raymond Terrace

$1,350,000

3 2 8
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REFURBISH OR DEVELOP

Expressions of interest closing 5pm September 30th

Spacious brick residence and enormous workshop set on an 8572 sqm block.

For the owner occupiers this private home appears to have solid bones and is crying out for an internal makeover to restore it to its former glory.

Features three bedrooms, two bathrooms and several living spaces. The freestanding shed lends itself to many possibilities. The property has the added benefits of two water tanks, 18 solar panels on the shed roof, three phase power to the shed and solar hot water.

For the developers, the location adjoining established residential development and having the zoning of R2 low density residential presents numerous opportunities (STCA).

Estimated rental return of $510 per week and land/water rates totaling approximately $2958 per annum.

Inspecting the property due to Covid-19:
- Private inspections are as per current Public Health Orders
- Masks are compulsory
- Only one person to inspect at a time

Property Features

  • Land Size : 8572.00 m2
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Property image

Property ID: 3450387

Aurian Weston

Aurian Weston

0427877179

Location map for 12 Rees James Road Raymond Terrace

Contact Office

Steve Bates Real Estate

Cnr William & Adelaide Streets

RAYMOND TERRACE 2324

T 02 4983 4200

F 02 4983 1797

This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.