This is a prime opportunity to beat the market and ‘speculate to accumulate’. The block is situated in a prime location with main road exposure and easy access to public transport and Windsor town centre. It is zoned RU2 with potential to be rezoned to B1 Neighbourhood Centre due to neighbouring properties currently petitioning for this rezoning. (Should this be approved, it can be argued that the same proposal would be accepted for this property.) Full details of B1 zoning are below – sourced from the Hawkesbury LEP 2012.
The property comprises of a 853sqm block of land with main road frontage and a right of access through the petrol station to the rear. Ideal for someone looking for an investment with a reliable, continuous cash-flow. Whilst awaiting development this property is renting for $830 p/w.
B1 Neighbourhood centre:
Objectives of zone – To provide a range of small-scale retail, business and community uses that serve the needs of people who live or work in the surrounding neighbourhood – To promote the development and expansion of business activities to meet the optimum employment and social needs of Hawkesbury.
Permitted without consent – Bed and breakfast accommodation – Environmental protection works – Home occupations
Permitted with consent – Boarding houses – Business premises – Centre-based child care facilities – Community facilities – Home industries – Medical centres – Neighbourhood shops – Respite day care centres – Roads – Shop top housing