Auction Location: On - Site & Online

Due to unforeseen circumstances, the vendor needs to liquidate the property.

Set in the Paris End of Rosebud, steps to the McCrae Plaza, lighthouse and pristine foreshore reserve is this modest three-bedroom home set on a generous allotment of 780sqm approx.

The property comes with planning permit to construct two substantial residences, one 5-bedroom 3.5 bathroom, one 4-bedroom 3.5 bathroom and both with 2 living areas and double garage.

Cleverly designed both offering two master bedrooms with ensuites, these townhouses will undoubtedly appeal to the demographic of buyers searching for a high-end low maintenance home that can accommodate family visits.

The current house is being rented on a periodic lease at $330 per week, and the tenant has indicated a desire to continue renting the property until construction begins.

With all the hard work of obtaining a planning permit completed, and in a Blue-Chip location, with more and more city dwellers making a lifestyle change to live on the Peninsula and work from home, this opportunity is a rare find and bound to be a money maker for the astute developer.