7 Nola Avenue, Scarborough

$1,075,000

Superb elevated development site with development approval to create 2 side by side green title blocks (as per diagram) in this supreme location.

On the crest of the hill with great views is this huge 860sqm block offering a 23.7m frontage (zoned R25). Investors and developers, this is a 'near the coast' gem for development today or in future years. Land in this South Scarborough precinct is becoming rare and harder to find.

Features include:
* Brick and colourbond home.
* The highest point in Nola Avenue with sensational inland views.
* Potential for coastal views from a second storey.
* Option to knock down and build 2 side by side or 2 battleaxe homes.
* On one of Scarborough's best streets close to the beach.

This is a decent 3 bedroom home with tenants ready to sign up...

DO NOT LET THIS OPPORTUNITY SLIP BY!