Seize a great opportunity to secure a property in river-end Newtown that can immediately earn you income with a long-term tenant or vacant possession, and at the same time fast-track a prime development opportunity with an approved planning permit for a two-lot subdivision and 2 townhouses. This will save you years of planning and council...
Seize a great opportunity to secure a property in river-end Newtown that can immediately earn you income with a long-term tenant or vacant possession, and at the same time fast-track a prime development opportunity with an approved planning permit for a two-lot subdivision and 2 townhouses. This will save you years of planning and council applications, with several of the planning permit conditions already met, saving you tens of thousands but more importantly - time! This is ready to lock in a builder and get going.
Including:
- Approved planning permit for two-lot subdivision and two townhouse development (issued on 14 March 2018)
- Certified Plan of Subdivision
- Land contamination risk assessment completed and approved by council
- Approval for site cut over rear easement from council
- Completed working drawings, including engineering, and energy ratings ready for builder quotes
- Stunning views upon completion of the development
- Townhouses with attractive and practical floor plans, including 3BR, 2Bath and 2 living areas and a bedroom located downstairs. Single garage and additional off-street parking with separate driveways.
- Save tens-of-thousands in holding costs if you were to develop an investment to this point from the beginning
- No need to commence building until March 2020 if preferred! (extensions possible STCA)
The existing home itself offers:
- 2 bedrooms
- Large living area
- Original bathroom.
