18 Ballater AvenueNewtown

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.