Presenting an exciting opportunity for the astute investor or developer this 714.5sqm block of land is zoned for future high density development. Currently occupied by a three bedroom brick home it is close to transport and a selection of leisure and lifestyle amenities.
- Prized northern aspect
- 714.5m2 block adjacent to Jannali CBD
- Current zoning under SSLEP 2006 is Zone 6 – Multiple Dwelling B
- R4 high density residential zoning under the draft SSLEP 2013 with 16 metre height restriction, a 1.2:1 floorspace ratio and 30% landscape area
- Located next to Jannali train station and directly across the road from shop
- Existing house is rented for $390 per week to long term tenant
- Close to schools, shops and only 40 minutes to Sydney CBD
- Added future value on offer from proposed LEP and expected strong medium term capital growth