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.

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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School Distance Type

TOOP VAULT

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