8 Bangalow Road, Ballina
Sold for $ 400,000
Income & Potential House - Property ID: 745845
The beauty of this property is that it offers investors and developers the opportunity to buy now and develop later whilst getting a rental income in the meantime.
The property is zoned medium density and is a 4 unit site under the council code subject to relevant approvals.
The location is perfect for retirement units being close to a shopping centre, the bowling club and the hospital.
* Land area of 976.9m2 with 37metre frontage
* Neat and tidy house with current rent of $370p/w
* Central position on the Ballina Island handy to everything
* Great starter for first home buyers