PROPERTY SUMMARY
Land Area: 1063 sqm
INSPECTION TIMES
None scheduled a this time
PROPERTY DESCRIPTION
Prime development site located within easy walk to all the amenities in town with older style solid house. This large very appealing block within short waling distance to the new Woolworth shopping centre, Post Office and main street. A good size 1,063sqm block with Town Centre Zoning. This is an extract from Town Planning Scheme in regards to potential development – ” Where development or re-development of properties in the
Town Centre Zone is envisaged, the incorporation of residential uses up to a density of R60 is permitted……” approval could be sought for a residential development similar to other nearby on Town View Terrace.
Plenty of potential lies beneath, this is a great land bank or perhaps your super fund is looking for an astute investment?
The existing house generates a rental return of $320 per week on a periodic lease.
Call for an inspection.
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