This large family home on a near level 809m2 allotment offers an exceptional opportunity to secure a DA approved development site. The existing dwelling offers a good rental income until redevelopment work is started.
Stand out feature of the property:
DA Approval for a 7 unit development.
5 units to be constructed at the real of the property:
- 4 x 2 bed, 2 bath, 1 car apartments
- 1 x 2 bed, 1 bath, 1 car Townhouse
The existing dwelling to be reconfigured into:
- 2 x 1 bed, 1 bath, 1 car apartments
- DA approval valid for another four years
- Less than 4km to CBD.
Located less than 4km from the city and close to excellent local shopping, casual dining and the Morningside Trail Station this land presents the perfect opportunity for the astute investor, so call my mobile or email now to receive a copy of the plans and arrange an inspection before the property is snapped up by another buyer.