1 Mitchell Avenue

Presenting an exciting opportunity for the astute investor or developer this 714.5sqm block of land is zoned for future high density development. Currently occupied by a three bedroom brick home it is close to transport and a selection of leisure and lifestyle amenities. Prized northern aspect 714.5m2 block adjacent to Jannali CBD Current zoning under SSLEP 2006 is Zone 6 - Multiple Dwelling B R4 high density residential zoning under the draft SSLEP 2013 with 16 metre height restriction, a 1.2:1 floorspace ratio and 30% landscape area Located next to Jannali train station and directly across the road from shop Existing house is rented for $390 per week to long term tenant Close to schools, shops and only 40 minutes to Sydney CBD Added future value on offer from proposed LEP and expected strong medium term capital growth