2752 SQM WITH DA APPROVAL FOR A 4 LOT SUBDIVISION
These 2 huge lots have been combined to create a super lot of 2752sqm with a street frontage of 38m. With DA approval for a 4 lot subdivision, the site offers many options and possibilities. On the high side of the street, and in a suburb with growth potential, this is one site where you need to explore the possibilities.
Options include, after subdivision into 4 lots, to :
* build 4 new homes to sell or rent
* keep the 2 existing homes and have 2 new blocks of land to sell
* look at options for dual occupancies on each new lot
* keep the existing homes and look at options for dual occupancies on the new lots
* obtain CC, build road and services, subdivide and sell 4 torrens title properties - 2 properties with existing homes
Concept plans available for each option
Each new lot sizes is over 600sqm - new front lots are over 600sqm, and new rear lots over 670sqm each
DA subdivision plans and DA conditions available . Concept plans available for all 4 options.
DA has a 5 year expiry date
2 homes currently leased and generating $53000 per year gross rent
Settlements terms negotiable