12 Rees James Road
Raymond Terrace


$1,350,000

8
2
3

Property Features


Property ID: 3450387

Land Size
8572.00 m2

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

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