Jump in now while prices are at a low and secure this nest egg. Offered well below cost this rare opportunity presents itself to purchase this 3 bedroom character home on a 1214m2 block with a DA approval for 6 units in the centre of the Emerald CBD. Ideal position within walking distance to Emerald Hospital, bus interchange for mine workers, Woolworths Complex, Cinemas, restaurants and a short drive to all CBD amenities.
andbull; Area of Land: 1,214m2 with approval for 6 X 2 Bedroom, 2 Bathroom units with single lockup garages
andbull; Current use of Land: Single Dwelling with a 3 bedroom 1 bathroom 1 carport dwelling in good repair with rent returns of $265 per week
andbull; Applicable Planning Scheme: Emerald Shire Planning Scheme
andbull; Date of Council Approval: 26th September 2012 and currency for 4 years with an option to extend
andbull; Approved Use: Multiple Dwelling (Six (6), two (2) bedroom, two (2) bathroom units).
andbull; Provision of Utilities: There was a change approved by Council on the 13th February 2013 to the DA from underground Power to an overhead connection.
andbull; Infrastructure Charge: $4,516 (calculated at Councils old rate with a significant saving. Please refer to DA Adopted Infrastructure Charges Notice for clarification).
andbull; A copy of Decision Notice Approval and an Information Memorandum is available from Agent on request.
andbull; The site was NOT affected during the 2010 floods
DISCLAIMER
The information above has been provided to C.D Adams and Co by the seller for marketing purposes. Although every care has been taken in providing accurate information we stress that all potential buyers refer to the DA and make their own enquiry to relevant councils etc. Neither the seller nor the seller’s agent shall be held responsible should the information or any part thereof be incorrect or incomplete in any way.