30 Mount Street,

Scone

A rare opportunity to invest + develop by extending the footprint of the current asset by activating the D.A approved development of an extra 3 villas.

Current:

• 2 x 2/3-bedroom
• Currently returning a combined $850/week ($44,200 per annum)
• Separate car accommodation for each unit
• 10kw (20 solar panels) for each unit

Future development:

• Strata subdivision & construction of 3 x 2 Storey serviced apartments
• D.A lapses 24th August 2024

With a plethora of capital works planned for Scone and the Upper Hunter, accommodation is going to become harder to source, both short term and long term. A great opportunity to invest and engage in the growth of the Upper Hunter.