Set on 10,000sqm ( approx..) in a highly sought area, this property boasts incredible potential that holds vast appeal for investors, builders and developers. A generous flat to slope allotment moments from shops and transports. Astute buyers will see this block as an opportunity not to be missed.
The allotment currently accommodates a spacious family home with a sweeping panorama view across the tree tops , mountain tops to the Underwood Shopping city centre. The centre of the home comprising generous lounge room, living areas, well-appointed kitchen with meals, large entertaining deck, abundant storage throughout. The right wing of the home is a massive master bedroom with spacious bathroom; a “Hollywood” walk-in-robe and sitting room, on the left wing are 3 large bedrooms of a generous nature. Coupled with polished timber floorboards throughout the 2 floors , down the stair are double locked up garage, further living room with bathroom and a huge entertainment leads to the pool area.
It provides the buyer with the option of moving into the home with the prospect of developing at a time that suits or creating an additional revenue stream by putting it up for rent. But for buyers keen to develop immediately, then do so with total peace of mind. Careful consideration and thoughtful planning has gone into the possible proposal subdivision of 11 blocks at 600sqm with estimated market value of $380,000 each.
So set the foundations for future success with the purchase of this potential-rich property in Premium Position . A Beverly Hills Style of Living in Underwood.