DA APPROVED SUBDIVISION SITE, READY TO BUILD TWO NEW HOMES
Site is approved for construction of two homes subdivision offering 2 Torrens title allotments. Situated on a large corner block directly across from the new development Newbrook Estate, this offers a fantastic opportunity to capitalize on the potential future growth of this area. The total land for this subdivision is approximately 791sqm.
Lot 1 - Approx 301sqm with building plans for a single storey 3 bedroom home, 2 bathroom and single lock up garage
Lot 2 - Approx 490sqm complete with building plans for a double storey 4 bedroom home, 3 bathrooms and a 2.5 car garage. This block offers the opportunity for an additional 2 bedroom granny flat (STCA) for further income potential for the investor.
Approved development for demolition of the existing 3 bedroom brick veneer ensures this project gets underway immediately, or a rental return of approx $400 per week as is.
Arial photo's show the subdivision with Lot 1 & Lot 2 positioning with current dwelling.
Consideration for a possible day care facilities subject to council approval, or first home buyer looking to make a big move a massive savings with stamp duty.
