Subject to Department of Planning and Local Council approval of course… Or who knows maybe even a triplex site in the future? And the location is divine…
Potential second street front block overlooking gorgeous meandering parklands in Medina… The birds, and nature on your doorstep and a sitting tenant who would love to stay paying $320 per week on a periodic lease.
This has to be the ideal investors dream or if you want to finish off the homes renovations then you could have a beautiful family home. Some ceilings have been replaced and have ceiling roses and even a modern recess ceiling in the master bedroom.
Zoning is R12.5/20. Minimum area required for sub-divison once sewer is connected is 900m2, one block can be a minimum of 350m2.
Be ‘VERY QUICK’ as these opportunities ARE RARE!!!