SOLD BY THE NEWTON TEAM...$3,050,000! Located in sought after Caringbah, these two Torrens Title properties present the rare opportunity to acquire a quality development site within close proximity to popular schools, transport and all Caringbah has to offer. The two parcels of land consist in total of approximately 1,477 square metres with a wide 30.48 metre frontage. Offering the potential to build a townhouse development (subject to Council approval). The properties offer a combined rental potential income of over $1,200 per week. Enjoy the income stream whilst you manage the development. These properties present an opportunity to really capitalise and the potential is limited only by your imagination.