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This block of six, two bedroom units is set in one of the best positions in Point Frederick. Located on the corner of Masons Parade and Duke Street opposite the waterfront. 50 metres from the sailing club and Marina, and just a short stroll to Iguana Joes, the Football Stadium and Cycle paths. Built in the late 1950’s this block is ideal for renovation / reconfiguration or redevelopment, the choice is yours. All of the units are large, some with water views and private verandahs. Excellent growth potential. Land Size: 748 m2 Zoning: 2(a) residential Rates: $4340.00 pa Current Income: $54,660 pa gross (below market level).

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