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Offmarket

Sub-Dividable Block 7 KM from a Capital City CBD

Property ID: 15190515
Purchase Price 560K

Options available to the buyer:

1) Demolish Existing Dwelling / Subdivide the Property and Sell the Land (STCA*)
Similar sized plots sold for $384K in 2015

2) Demolish / Subdivide the Property and Build Two New Houses (STCA)
House Built in 2009 on a similar sized plot Sold for $700K in 2015

3) Demolish / Subdivide Build One New House and Sell the other Lot

4) Hold and Subdivide at a later date

THE LOCATION
7km to Capital City CBD
Walking distance to Groceries, restaurants, Two (2) Primary Schools and parks
2.3km to a train station
8 schools within 2 km
1.9 km to a shopping with a Myer, Target, Kmart, Cinema, 227 other speciality stores and parking for 4,235 vehicles. A revamp and upgrade is scheduled for 2018 which will include a Big W.
A Woolworths, Two (2) IGAs and Three (3) Coles within 2km
4.3km to a Hospital
5.7km to a TAFE

THE PROPERTY
3 Bedroom brick house
2 Bathrooms
20m frontage
40m deep block
Existing small-lot and battleaxe developments in the street and surrounding streets
Meets council dimensions for subdivision
809m2 plot
House is in livable condition and suitable to be rented out whilst applying for development approval.

STCA - Subject to Council Approval

Contact Yujin Yeoh on 0479 191 815 now to secure this property before its too late.

Matthew Barnes

Enquire Now

Land Area: 809m2

Type: Residential, House

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Matthew Barnes

Enquire Now

Land Area: 809m2

Type: Residential, House