On offer to the market, is this magnificent block in the heart of Old East Side, Alice Springs.
The location, on the corner of Lindsay Avenue and Undoolya Road, is unsurpassed.
Measuring 1220 square metres, the site is zoned MR (Medium Density).
The original property dates back to the 1950s with some additions taking place over the years.
A tasteful cluster of dwellings has been created incorporating the three-bedroom home now with two bathrooms.
Two further lodgings have been discreetly produced and separate to the house.
All three abodes have been leased long-term returning $1300 per week.
With still more potential, all you need is some imagination.
There is covered parking, and good storage and no easements ensuring maximum land use.
This address will be sought after long into the future being close to town, educational campuses, sporting facilities, shops, cafes and restaurants.