Two blocks of land side-by-side totaling 1489 sqm’s to be sold as one. Prime yet quiet location only minutes drive to Penrith CBD, M4, Nepean river and Panthers is just at the end of the street.
The same owner of both, one is a vacant block and the other has a quaint 3 bedroom brick cottage.
Currently zoned for residential medium density development (2D) which council has previously approved apartment blocks with basement carparks to be built. Such a development could potentially yield an 18 two bedroom unit apartment block.
Others may want to build a complex townhouses. Subject to council consent the site should take at least 6 three bedroom designs. Throw some two bedroom designs into the mix to further increase the yields.

Others may want to build another 3 stand alone houses to have a total of 4 houses which could be strata titled and sold separately, or held to lease out, or move yourself and family members in and lease out the remaining. And the list goes on……
So many options for purchaser, yet not so many for the seller who has to sell.
Tenders closes Wednesday 31st July at 5pm so make sure to get yours in before the deadline.

All information contained herein is gathered from sources we believe to be reliable. We cannot however guarantee its accuracy and interested parties should make and rely on their own enquiries.