Ideal investment opportunity presents itself with the sale of 396 Conadilly St, Gunnedah situated on 2,024sqm with an R3 Medium Density Residential allotment. Further, all the hard work has been done with a current DA approval for an 8 x 2 bedroom strata unit complex.
With vacancy rates sitting at record low levels, this outstanding development is perfectly positioned and designed to service this increasing housing demand.
Not to be missed and priced for immediate sale.
• 8 two-bedroom unit complex DA approved
• Designed as a strata allowing for individual sale
• High yielding investment potential with expected rental returns of $430 - $450 per week
• Build without the strata for a long-term investment, with rental returns of up to $187,200 per year
• Flat level block well suited for development
• Close to shops, schools, parks, pubs and clubs

A turn-key ready development, perfectly situated and designed to address the housing shortage with these ideal unit complex. Positioned and priced for immediate sale, contact Hennessy Real Estate on 6742 3001 today.