Set on a large 848m2 corner block in core area this property ticks all the boxes for the astute developer or even the 1st home buyer with plans for redevelopment in the future.
Currently situated on the block is a 3 bedroom residence with reverse cycle air conditioning and a large open plan lounge/dining area with a segregated bathroom.
With plans approved for 2 x two story townhouses, you can maximise returns with all the work having been done for you. These approved plans are designed with 170sqm of living space, double garages, courtyards, 4 bedrooms and ensuites.
Located in a desirable location close to Erindale shopping centre and minutes from Tuggeranong, this is an opportunity not to be missed.
Existing property would achieve $350-$370 market rent
All inquiries welcome
Plans available on request. EER: 0.5