A remarkable and rare investment opportunity in North Beach was sold at Auction on Saturday 27th October. With Bidding commencing at $650,000, 16 Mundford Street sold under the hammer for $778,000.

With only 24 days on market, 15 buyer inspections and 1,091 online listing hit’s it’s no surprise this property did not last long. This prime piece of land is conveniently positioned between suburbs, the city and the beach. Only a stone throw from local shops you this solid investment is in an area that will only continue to grow.

This land was an investors dream with 744sqm block in Zoned R30, there was room for two dwellings for development. To find out more about the Auction contact Realmark agent Paul DiLanzo on 0418 899 985 or click here.