14 Unit Investment Complex, expected return $110,000 p.a. approx. currently and even more with a Planning Permit for 17 extra Units. These Units have been recently updated & include modern Kitchens, Bathrooms, floor coverings and paint work. Set on 2.6 acres (13,390 sq.m.) approximately in a rural bushland setting, an ideal corner development site of 1.039 hectares, with two street frontages. Currently on one title, zone General Residential so here is a fantastic Investment and Development Opportunity. The demand for housing is very strong. Located in a growing regional city close to the popular Grampians Tourist destination with future Industrial, Commercial & Residential expansion & jobs growth predicted. In addition the Western Highway Freeway extension from Melbourne is planned over the next 2 years as well as rail service growth & more. Be early, get in now for the great Investment opportunity. In conjunction with First National JXRE.