Complete with a current planning permit and building designs fully endorsed by the Horsham Rural City Council to subdivide the property into three (3) separate allotments and construct three (3) townhouses this exciting project is perfectly suited to either novice or experienced developers wanting to save precious time and to capitalize on the existing planning approvals.
Set on a prime 1013m2 corner allotment with a 22.3m frontage to O'Connor Street with easy access to the Horsham CBD and other amenities this versatile project has multiple opportunities immediately subdividing a 330m2 building allotment fronting Begg Street (STCA) whilst retaining the existing residence for further development in the future or completing the entire project immediately. Comprising 3 bedrooms, a single bathroom, kitchen and lounge the property has until recently been rents at $350 per week.
NOTE: Minimum rental standards now apply in Victoria, Investors should make independent enquiries to ensure a property complies.
https://www.consumer.vic.gov.au/housing/renting/repairs-alterations-safety-and-pets/minimum-standards/minimum-standards-for-rental-properties
Property ID: #L32895930
