Dual Street Access Property with Subdivision Potential
Property ID: 16128495
Purchase Price $480K
Not on the open market!
Ability to retain the existing house and create 2 new lots (Subject to Council approval)
Land sales in the suburb $210-$230K
4 Bedroom, 2 Bathroom house (to undergo the subdivision the house will need to be reduced to 3 bedrooms)
Master bedroom with en suite.
1,518 m2 block.
Several childcare centres within 2.5km.
10 schools in the vicinity.
Coles, Aldi X 2 and IGA are all within 2.5km.
Subway, Dominos, McDonald's, KFC, Red Rooster and Zarraffa's have all invested in the location.
Within a 10 minutes drive your tenants will have access to train stations, Hospital, TAFE and University.
A $60 million upgrade is proposed at a shopping centre 1.2km from the property. This will create an additional 250 ongoing jobs.
Being located half way between 2 major centres, with large parcels of industrial land, the region is attracting the attention of businesses looking to avoid traffic congestion in the city, while taking advantage of the and easier access to the nearby major regional centres.
The region has a strong history of long-term capital growth. Vacancy rates are currently at just 2.4%.
It has a strong, diverse and growing economy with the major employers being manufacturing & retail, business & community services, construction & agriculture.
There are approximately $2 Billion worth of private and Government funded infrastructure projects proposed, approved or under construction. These projects are predicted to create approximately 10,000 ongoing jobs and thousands of construction jobs to the surrounding area.
Contact Yujin Yeoh on 0479 191 815 for more details.