This property presents a number of options, reside in a wonderful lifestyle property, create a 2 lot subdivision and sell an acre block, build a new home and sell the existing home or wait on the outcome of a new policy for 2,000m2 lots.
The substantial residence provides great accommodation for the growing family and this opens onto the swimming pool and outdoor entertaining area, a wonderful place to call home.
Looking to the future the State Government has made changes to the planning scheme making further subdivision possible of like properties down from 4,000m2 to 2,000m2 lots. Following a review, The City of Caseys Housing Strategy now recommends this scenario and has advised they will now begin a process to formally change the Casey Planning Scheme. The latest advice from Casey to the owner is that this matter is well down the track and an outcome is likely late in 2018.
From a development point of view there is minimal vegetation and would seem ideal for subdivision whether into 2 one acre lots or smaller subject to the approval in 2018.
As the current market is starved of lifestyle blocks we feel this is a great opportunity.

Inspection: By appointment
For a more detailed report on this property, please SMS “6GLENWOOD” to 0428 442 622