This unique property has enormous potential and offers the astute property owner/investor a number of value adding long term options.
- Land area 4047m2
- 5 bedrooms
- 3 bathrooms
- Huge home
- 5 car under cover garaging
- Pool
- Tennis court
- Development potential
The massive home is sited in an elevated position on 4047m2 of mostly level land a very rare commodity in the Ashmore area this close to all facilities.
It does need a big makeover to bring it up to its former glory. A bit of imagination, modification to the floor plan and modernising could see you with something truly special. The house comprises over 430m2 of interior living area, an 80m2 outdoor under cover patio plus garaging/storage of 124m2.
The rooms are extremely large with a high cathedral ceiling in the main hub of the house. The size of the rumpus room has to be seen to be believed and the home office is enormous. Three of the bedrooms also include separate study areas which adjoin each room. The other two bedrooms both include ensuites & WIRs, with the main parents room situated upstairs with full privacy.
The outdoor entertaining area has a lovely northerly aspect overlooking the pool and gardens. To top it all off there is a full size tennis court and the property enjoys great hinterland views from the back yard.
This property also has the added advantage of being suitable for subdivision within current town planning guidelines (subject to normal council approval process). Current minimum lot size is 600m2 in this location. However higher density housing approval can also be sought subject to councils impact assessable criteria.
Possibilities in this regard include renovating the existing home and completing a smaller scale subdivision, simply holding the site as a future land bank or facilitate appropriate council approval for a larger development for when the property market recovers.
Another option is to investigate a development in conjunction with adjoining acreage properties to take advantage of economy of scale.
Please contact the Sales Consultant to view a copy of the Sustainability Declaration for this property.