Nestled within the prime area of Casula, this tranquil property boasts an advantageous position, merely a 450 meters (5-minute stroll or a quick 1-minute drive) from the nearby Casula Mall Shopping Precinct. The land parcel presents promising development possibilities and is graced by a well-maintained, charming 4-bedroom brick house. Encircled by an enclave of upscale residences, this location epitomizes quality living.
Presented below are two exceptional development choices, with Development Option 2 already having obtained approval.
Development Option 1- Build Three Torrens Title Free Standing Dwellings
*Benefit from the R3 zoning, land size of 25.2 meter and the land size of 700 sqm, Three Torrens Title double storey houses can be built on this land under CDC application which can be approved in a short time.
*Please note: Feasibility study/envelope plan has been completed with Unit 1&2 being 4-5 bedrooms houses and Unit3 being 3-4 bedrooms house
Development Option 2- DA has been approved!
Development Application has been APPROVED for Alteration of existing house ( Knock Down Garage) And Subdivision into 2 lots.
*The divided land consists of a pre-existing 4-bedroom, 2-bathroom brick house situated on a 398.65sqm plot (valued at $900k in the market), along with an adjacent vacant 301.35sqm parcel of land (valued at $700,000 in the market)
*You have the option to retain the current house while selling the land. Alternatively, you can choose to reside in the existing house and construct a new home on the adjacent vacant land, perfect for accommodating your extended family. Another possibility is to retain both lots, generating substantial rental income in the interim, while also positioning yourself for future double growth.
Here are a few highlights of the existing 4-bedroom residence:
-Expansive open-plan living and dining area that offers scenic views of the meticulously cared-for garden.
-Numerous living spaces and a generously proportioned entertainment zone.
-Four roomy bedrooms complete with wardrobes, including a master suite featuring an ensuite.
-Superbly situated: a brief 5-minute walk (or a swift 1-minute drive) to Casula Shopping Mall, beloved cafes, Casula Central, and dining establishments—all conveniently within strolling distance.
-Presently tenanted at $710 per week, with contented tenants happy to stay.
-For additional information, kindly reach out to us.
modern bathroom, garden