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Triplex Potential Superblock.
With an enormous 835m2 of land and a fully renovated and light filled cottage, number 25 will be a fantastic choice for investors, family buyers and developers alike.
The Development options are many:
1. Current R20 triple home option - Subdivide straight away under r20 using the revised single bed dwelling provisions, allowing you to carve off a block of between 233m2 and 300m2 with a 70m2 sized villa home. Retain the existing house on another larger block and build a third dwelling as a granny flat, allowing you to collect 3 rents. This option is available now. The property has large side access on the northern side.
2.Proposed R40 triplex option Wait for the proposed rezoning (STWPCA) Retain the house and build 1 or 2 more out the back.
3.Proposed R40 5 Villa option Clear the house and build 5 aged person (100m2) or single bedroom villa dwellings (70m2) (STWPCA)
4.Proposed R40 6-9 apartment unit option. Wait for the proposed rezoning, (STWPCA) clear the block and build
6-9 apartment style units subject to site design.
The house and land itself has everything you could dream for in
Lot/Plan No: P008641 232
Lot/Plan No: P008641 232
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