A RARE DEVELOPMENT OPPORTUNITY - $2500000

Description

Plans and permits for 65 units located within walking distance of shopping centres, schools and transport. Carrum Downs is a rapidly expanding suburb, experiencing levels of browth not seen in this area before. With the Eastlink project completed and numerous businesses relocating to the area, the population is going to increase dramatically and the need for all types of housing will be at an all time high. With prices moving up all the time, this project will deliver an excellent return. The average unit sale price should be between $240,000 and $260,000. This should provide the developer with an approximate 30% return. Be quick, it is getting harder and harder to find developments with a return like this one.