Rarely does an opportunity to purchase 4 adjoining properties become available for sale, so close to the CBD of Horsham. This parcel of land comprises of 4 titles, street frontage to 2 Roads, with a total land area of 3427.94m2 giving it exceptional future development potential.
The present owner has had initial concept drawings completed for a large townhouse/unit complex, but the potential of this site is only limited by your imagination. The development can also be done in stages, allowing you to continue to collect a rental income.
Currently these 4 properties are fully tenanted and are showing a combined rental income of over $32,000 per annum, making this a very secure investment.
This certainly is a once in a lifetime opportunity to purchase 4 adjoining properties close to the CBD area with outstanding potential for future development.
