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42a & 42b Alma Terrace

Seaton

4

Beds

2

Baths

2

Cars

Rare Dual-Home Offering with Council-Approved Expansion Potential

747sqm Allotment | $42,900 p.a. Current Return | Approved Two-Storey, redevelopment potential.

An exceptional opportunity awaits at 42A & 42B Alma Terrace, Seaton — a substantial 747sqm landholding offering immediate income security and approved future development potential.
 
Currently configured as two self-contained residences on a single title, this rare dual-dwelling/ dual income land holding delivers genuine flexibility, strong cash flow and multiple pathways to capitalise.
 
With approved plans in place for two contemporary two-storey homes, the groundwork has been done. Retain for strong dual return of $42,900.00 per annum, landbank, subdivide (STCC) or proceed with redevelopment.
 
Location Highlights Convenient access to the train and bus stops this location is only minutes away from sought after public and private schooling options, major shopping precincts like West Lakes Mall and Harbour Town and the upgraded Queen Elizabeth Hospital nearby.

Location Highlights
Convenient access to the train and bus stops this location is only minutes away from sought after public and private schooling options, major shopping precincts like West Lakes Mall and Harbour Town and the upgraded Queen Elizabeth Hospital nearby.

Disclaimer: TOOP+TOOP has taken all reasonable care to ensure this property information is accurate at the time of publication. Information has been obtained from sources we believe to be reliable, including the vendor, relevant authorities and third-party suppliers. However, we cannot guarantee its accuracy or completeness and, to the extent permitted by law, accept no liability for any errors or omissions. This includes, but is not limited to, land size, floor plans, building area, building age, condition, zoning, council rates and rental figures. Details may change after publication. Measurements, floor plans and images are a guide only, and some images may be digitally styled or virtually furnished. Interested parties should make their own enquiries, including with relevant authorities, and obtain independent legal and financial advice before proceeding. RLA 301309, RLA 301302, RLA 317292

Sold on Feb 21

$1,270,000

Auction Time

Property Information

Built 1934

Land Size 747.00 sqm approx.

Council Rates $1,350.00pa appox

ES Levy $165.90pa approx

Water Rates $209.15pq approx

CONTACT AGENT

GENA NASH

Sales Partner

0408 828 415
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