To view by appointment – Contact Dianne Ladhams 0419 818 461 or Anita McKendrick
0412 683 031.
Enjoying a prime location and overlooking Kirkcaldy Park and the creek, this large level allotment of approximately 1380sqm on two titles offers a rare and exciting development opportunity with planning approval for up to 5 dwellings, subject to council consent.
Zoned Residential, mid suburban Policy Area 16, and boasting a 28m (approx) street frontage to Kirkcaldy Ave with a 48m (approx) Southern boundry and 50m (approx) Northern boundry, Charles Sturt Council advises redevelopment potential.
Number 11 is currently disposed as 4 self contained units, unit 1 tenanted at $180 per week, unit 2 tenanted at $165 per week, unit 3 at $150 per week and unit 4 is a 3 bedroom unit currently returning $225 per week, all on periodic leases.
The original cream brick family home at number 13 built in 1962 and offers 118sqm of honest accommodation and is disposed as a 2 bedrooms plus study, living room, kitchen/meals, laundry, bathroom and separate toilet, currently tenanted at $320 per week also on a periodic basis.
A fantastic return of approximately $1,040per week to offset any holding costs during the planning and building consents period.
Easily accessible to the CBD, Western hospital, close to excellent schools, and an easy stroll to pristine stretches of beach and local restaurants and cafes. 11 & 13 Kirkcaldy Ave presents an attractive proposition for development in the highly sought seaside suburb of Grange.