Renovate or Detonate !!!

The perfect property for the small-time investor or owner-occupier.

A land bankers dream..

Currently titled and is being sold as a single 888Sqm block (with large house, shed and carport)..

This property is unique compared to most on the market in that it has pre-approval by council to sub-divide into 2 x 444 Sqm blocks if you ever want to. 95% of the paper work is already done other than some final fee’s that would need to be paid to local and state government (at the time of splitting).

Unlike most DA approval’s though which have a time limited expiry of 4 years (if not undertaken) this DA approval has no time limit and will remain valid for the life of the property as it was a part of another multi-stage development that was completed and sealed a few years ago.

As a bonus, the sewer and water lines (to both pre-approved blocks) are already physically installed in the ground.. Other than physically demolishing the house and doing some fencing and other minor work, there wouldn’t be much required to convert the current setup into two blocks of land.

This gives the buyer many options…

* Buy the property, renovate the house, then either live in it (or rent it out) for say the next 5, 10, 20 years. (take as long as you like), then demolish it later on when your ready or say when the market has recovered…

* Demolish the house straight away. Maybe build a new house on one block and sell the other. Maybe build on both.

* Fully renovate the house, make it your dream home until you retire, then pass it onto the next person. (with the DA approval still intact), giving the property more value when the time comes to sell.

Details of the house and location.

Lawnton has seen rapid expansion over the last few years with many new housing developments being built in the area. The local and state government’s have also been pouring many millions of dollars into improving the schools, roads, and general infrastructure in the area.

The house itself is large. It has 6 bedroom’s with approx. 400 Sqm of internal floor space. (not including the garage). Good potential for a large family to renovate and move into.

Due to the setup and layout of the house there is also the potential to rent upstairs separately from the bottom floor. Could make an extra income stream or perhaps have a place for older children, or your parents to live.

Has a large 9m x 6m color bond shed and a tall 8m x 8m (wide span) carport. Tall enough to park a boat or caravan under plus plenty of room around the rest of the property to park more cars, caravans, boats and trailers.

Has color bond fencing around the entire perimeter with two gate access to the street. One gate is sliding electric with remote control .

Sits in a good, quite, spacious, established street, in a good established area. There’s plenty of distance between the house’s and plenty of parking space in the street.

As seen from the photos the block also has beautiful mature tree’s at the front and established land scaping at the rear. The area as a whole is very natural and leafy with local bush land and the Pine River just down the road if ever wanting to go for a hike, go for a swim, or maybe take the boat out in summer.

Is set high up on the hill with views towards the west to Mount Glorious and captures a nice breeze from the east.

The Lawnton train station is only 1200m walking distance away, with a nearby bus stop leading to Westfield only 200m away..

There is also:

- Local paths and bike-ways,

- Parks,

- The Pine River and boat ramp,

- A State school, two special needs schools,

- Community Center

- Medical center,

- A very large sporting complex, a PCYC, a council pool

- An industrial area,

- Bunnings and Super Cheap,

- A very large bowls club with gaming and live entertainment

- A tavern and bottle O,

- Restaurants, takeaways, and shops..

Not much further away are more medical centers, pathology, vet, golf club, Genesis College, Sunshine University, with rumors of a hospital being built beside it down the track..

The possibilities are endless with this property! Give me a call today to book your inspection.