Explore your options to capitalise on this wide, level 366sqm block in this residential and commercial precinct, close to Leichhardt’s main retail strip, buses, parks, light rail and the City West Link. The existing 3-bedroom early 1900s fibro cottage has been updated, but offers an ideal opportunity for subdivision or redevelopment (subject to Council Approval), with its wide approx 12m street frontage and lock-up garage to the side.

+ Approx 366sqm level block with 12.19 metre frontage, 30.48 metre depth and Easterly rear aspect
+ Existing double-fronted circa 1900 3-bedroom fibro cottage with modern kitchen and bathroom and lock-up garage at side
+ Zoned Residential under the Leichhardt Council LEP 2000 with preferred low density development with 0.5:1 floor space ratio and 6m building envelope
+ No conservation or heritage restrictions under the current planning controls or under the proposed Leichhardt DCP 2013, currently under consultation process
+ Attractive residential location, a stone’s throw to Hawthorne Canal Reserve, a couple of blocks to Leichhardt Marketplace shopping centre, close to Leichhardt’s renowned cafes and restaurants and close to primary and high schools
+ Good transport links including nearby City buses, City West Link and moments to new Hawthorne light rail station on Darley Road (due to commence operation in 2014)
+ Excellent opportunity for subdivision and redevelopment of townhouses or duplex, as seen in surrounding streets, for home or rental
+ Option for commercial development in this mixed residential, commercial and industrial precinct, subject to Council Approval
+ Good capital growth potential, with Leichhardt median house prices rising 4.2% per annum over the past 10 years (RP Data research) and plenty of tenant demand
+ Explore your options and capitalise on the potential of this quality development opportunity in this growth location