Options are going to be endless on this opportunity of 1599m2 of freehold land, just 1800m from Macrossan St. Currently with 2 x three bedroom NO BODY CORP townhouses future development options could include (STCA):
1. Bulldoze the townhouses and build a multi dwelling unit complex – either short term holiday use or permanent residential
2. Bulldoze the existing townhouses, build one large residential home
3. Bulldoze the existing townhouses, subdivide and build two large residential homes
4. Replicate the existing front townhouses on the back half of the block
5. Landbank for future decision on development
6. Subdivide the back block and on sell the land (Council approvals ready to proceed)
7. Subdivide back block and build house at back (Council approvals ready to proceed)
a. On sell the townhouses
b. Keep the townhouses
* Holiday let/Air BnB the townhouses
* Permanently rent the townhouses, up to $450pw
Contact me quickly for more details! Steve 0411 399344