Well located development site with Council approval for a 4-level building (including ground level) and basement carpark.
The existing site consists of 2 residential dwellings on land measuring:
25.03m frontage & 48.06m depth (approx.)
Plans & permit have been approved by council for:
• 4 x 1-bedroom
• 22 x 2-bedroom
• 2 x 3-bedroom
Surrounding the site is a mixture of residential houses, apartments and light commercial retail.
There have been some recent sales of new apartments in the area with good results because of its location, the investment and rental market has been strong.
Its location has made it easy for the occupier to take public transport to local amenities and shops such as Shopping Centres and day to day Retail Shops like banks, cafes, convenience stores, hairdressers etc.
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