Private rainforest setting on 9148sqm (2.26 acres) zoned residential in the high density area of town 1.6km to the centre of Mary St (3mins). (The new draft town plan appears to permit subdivision to 500sqm in this area). There is a water course through the land which doesn’t flood. There is substantial bird life and the area is extremely quiet. The land has mature elms, camphor laurels, gum trees, mulberry trees, banana trees, palm trees, etc… The stunning rainforest acreage needing some love would easily transform to a garden setting and be the envy of neighbours.
Underneath the house is mostly cemented and suited for a home handyman/workshop with many electrical outlets and light sockets illuminating underneath. There’s an original out house and large cement area at the rear. The area directly around the house is fenced. There is a children’s playhouse also at the rear.
There are two local convenience stores in walking distance and a petrol station. Mary St is also close by. You could also have horses or goats or similar hobby farm animals on the block.
This property would suit retiree’s (surrounding homes predominantly similarly occupied) who wish to have acreage and create beautiful gardens or for a hobby farm in town but also be close to medical facilities and shopping amenities.
Alternatively the property would suit developers. The existing 1920′s Qldr which was extensively renovated and improved in the 1990′s could be subdivided and sold (perfectly situated for subdividing – snug in the corner of the block) and then you would still have over 2 acres of land to play with and build on. The house is bigger than the average Qldr. Prior subdivision of the house was sought and approved but never followed through and could likely fit in excess of 20 townhouses. The land has rainforest features and thus is attractive to buyers or renters and is more private and less exposed to the elements. The home has been occupied by the same tenants for 2 years at $250 p/week.
Priced realistically at $364,500 L/N 5553