A great size block, ideal for a new development (subject to planning approval). Featuring a wide frontage of over 16 metres, the site is well suited to a dual occupancy, side by side townhouse development.
The current home presents as an opportunity for a possible income stream whilst working through plans for any future development, however, there may be a need to inject some capital into the home prior to leasing.
The property is well situated in close proximity to multiple public and private schools, parklands and Hampton Street shopping strip which will appeal to families looking to purchase the end product.
We feel the quoted price range is bullish given the current market conditions, we would be interested to see what discount would apply should the property sit idle for too long.
- Large Land Size
- Wide Frontage
- Good Location for Schools Shops etc
- West/East Orientation
- Capital required to home before leasing
- Price