We think this is a great opportunity (subject to council and planning approvals) to remove the house and build multiple dwellings. Recent growth in the vibrant Punchbowl area includes a number of unit construction sites, a new subdivision, and a redeveloped coffee shop down the road. The close proximity to the Kings Meadows shopping hub allows access to all amenities. A regular bus service is virtually at the front door, and the Punchbowl Reserve is a few hundred meters away, as is the highly regarded Punchbowl Primary School. The existing home could possibly be renovated, but we suspect with the near perfect northerly aspect sloping gently to the rear of the 769m2 block, it would be a cracker unit development site STCA.
For sale by Auction Saturday 13th April 2019 @ 11.00 am on site.
19 Punchbowl Road at a glance:
andbull; 769ms Potential development site STCA
andbull; 1930s Weatherboard cottage to remove or renovate
andbull; Great access to public transport
andbull; Convenient location near Punchbowl Park and Kings Meadows shopping precinct
Details
andbull; Building size: 98m2
andbull; Land size: 769m2
andbull; Year built: 1930
andbull; Council rates: $1,250pa
andbull; Water Rates: Approx $1,000pa