The owners are offering this property as a package and is ideal for developers/investors with it’s potential high returns.
Value of lots approximately $170,000 with the home an expected end return of $5,600,000 (approx)
The is property is located in the Milpara suburb of Albany is close to schools, tafe, shopping and is an ideal development or can be purchased as a perfect property for the retired famer or someone looking for a large treed property close to town centre with future subdivision potential.
The home is ideally located on the 19 acres and can be subdivided off separately.
Our value of the home is approx $700,000, this would give a developer a good cash return to start the subdivision.
It is a very large modern style 5 bedroom 3 bathroom, 3 w/c home with a huge master bedroom retreat area with balconies, patios, 3 garages, sheds and a below ground pool.
All of approx 450sqm.
The current owners are looking to sell the total land with the home as a package for $2,390,000.
The subdivision approval is still current for a further 3 years.
Contact Kevin Marshall on 0408 936 380 for further details.