Original Dwelling ideal for rental income , Invest, Land bank or development.

Combined Site. 2 blocks = 2105m2.

The best site in the Underwood Hi Rise precinct.

Elevated location with views in all directions.

Zoning : Medium Density, Hi Rise Precinct. ( Picture is a future development sample )

Zoning height : Maximum building height 32m.

Zoning Density : Maximum dwelling density 200 dwellings per hectare. Approx 17+ units per block.

Video – demonstrates the view at 30m in all directions.

All future development will require Appropriate Development Application.

Expected Rental return across 2 existing properties – $950 per week.

Across the road from Council Parks and Aquatic Centre.

Minutes away from all major shopping, schools and essential services.

Direct access to M1 north and south and bus networks.

Inspection by Appointment.

Information Memorandum available on request.

Disclaimer – All information detailed including future development options contained herein are gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. All listed development options above and council zoning, require the buyer’s own due diligence and are subject to satisfaction of the zoning code & subject to council approval.