overview

  • 1P2793
  • House
  • For Sale
  • 5 Acres
  • 5
  • 3
  • 2
  • 1
  • $2,860.04 Per Year
  • $172.00 Per Year

Description

DA APPROVED FOR SUBDIVISION
* Brilliantly located in the Clyde Street precinct this parklike 2.02 HA (approx. 5 acre) parcel of land has been approved for an 8 Lot subdivision.
* Zoned R5 Large Lot Residential, the Approved Lot Layout includes 7 vacant blocks ranging in size from approx. 2020m2 to approx. 2391m2
* The Approved Lot Layout provides for the existing residence to be positioned on over 3000m2 of land and surrounded by existing trees and established gardens.
* The current home was constructed in 1969 and was architecturally designed to take full advantage of the north aspect. There are 5 bedrooms and 3 bathrooms with multiple living rooms and the home enjoys delightful period features along with modern convenience provide by the renovated kitchen and bathroom.
* Developers should note that given the unique style and quality of the existing home it is expected that it would be exceptionally popular as a residence set on 3281 m2 of land in sought after River Street
* The property has a good quality bore with holding tank which supplies water to the lawns and gardens through an extensive watering system that includes automatic irrigation. The full-sized tennis court could tell a story or two!
* Vacant land in this precinct is selling for record prices and this specific location is surrounded by established homes and is less the 5 minutes drive to the CBD – the newly created vacant blocks will be a hot commodity
* Truly a rare offering with multiple options for developers or tree-changers looking to escape the city and enjoy a tranquil lifestyle with an opportunity to capitalise on an astute investment in the future
* Information memorandum with full details and features of the existing residence and facilities is available along with the DA approval documents.




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