A Premier Residential development site of three adjoining properties which boast a large 1726m2 site area. Featuring R4 high density zoning with a 1:1 FSR which permits the development of high rise multi dwelling units up to 15 metres in height.
An opportunity doesn't come around like this every day. This site features three exceptionally well presented properties which can obtain a combined rental income of $62,400 per annum!
An ideal pocket for developers & investors this will be the newest residential sector with multiple high rise buildings already developed & currently in council.
Ideally situated, only moments to local schools, shops, public transport, M5 & M7 motorways and parks.
The site features the following;
- 3 adjoining properties 229-231-233
- Combined rental potential: $1200 per week
- Zoning: R4 high density
- FSR: 1:1
- Building height: 15 metres
- Development potential : Multi Dwelling units
Inspections by Appointment
