Potential R20/50 Zoning. Located right near the shopping district of Midland is this run down house on a fabulous 1052sqm block. Hold your breath and close your eyes as this place would need a lot of work, but why wouldn’t you just demolish the house and develop this great block?
Currently zoned R20 with the potential of being rezoned to R20/50, you could potentially develop now, or hold onto this property and wait for the possible change in rezoning – Subject to all relevant approvals.
1052sqm block
Currently zoned R20
Future rezoning to R20/50 (proposed)
4 streets from Midland Gate Shopping Centre
Near Bus stop and a short distance to Midland Train Station
Currently with a periodical tenancy