Owner Relocating and MUST SELL! All offers presented!!!

Located in the popular TSS precinct and across the road from the popular South Port Park Shopping Centre, this development sight is a rare gem!

~ Duplex land covering 683m2 with dual street access.
~ Possible 3 townhouses (with development approval)
~ Established house, positioned at the rear of the land, so easy to renovate and add an addition to the front of the block.
~ House offers 4 bedrooms, 3 bathrooms, 3 car spaces (Self contained granny flat included.
~ 3 potential streams of income ($675-$720pw modern duplexes)

Brand new duplex’s in the street have sold in a quieter market for $830,000 to $730,000. So the figures stack up! Buy to renovate existing dwelling, buy to detonate & build 2 new duplex’s or Renovate house and build another dwelling – there are a few options to think about.

INFO OF LAND- According to the current Planning Scheme your site is included in the Residental choice domain which contemplates a variety of housing product inc Attached Dwelling (duplex). Provided you comply with height (2 stories) and density (1 dwelling per 250 sq meters of net site area) the application would be code assesable. Such applications do not involve public notification, opportunity for objections and third party apply rights-hence lower commercial risk. Having a corner site is ideal from design perspective allowing each dwelling to have a separate orientation and address/entry to the street.

Contact Roger Haddad or email- roger@gcrp.com.au for more information or an inspection by appointment.