16 Seaforth Street North Shore
The unique prospect of buying adjoining properties in this future growth corridor is one that should not be overlooked. Numbers 16 and 18 Seaforth are being offered separately for sale by auction on the same day, half an hour apart. Set on 698sqm, 16 Seaforth is leased until early October 2017 giving an immediate income to the investor or developer. The home offers 3 bedrooms, and is well positioned on the allotment to allow for a generous extension, or redevelopment of the entire block. You will have immediate access to the Melbourne Road, train station and the CBD is minutes away. Buy one or buy them both; there are few parcels of land that offer this potential, so close to the water, and represent an entry level opportunity with immediate cash flow. Buy now and hold for the future; or redevelop to capture the increasing demand.