An opportunity for builders and developers to secure a substantial 1,265m parcel of land in Macgregor, complete with DA-approved plans for the construction of three modern townhouses.
With the planning and design work already progressed, this property presents an opportunity for those looking to take on their next residential development project without starting the development application process from scratch.
The approved plans, prepared by Studio56, outline a thoughtfully designed tri-occupancy development comprising three two-storey residences, each with generous internal living areas, double garages and private outdoor spaces.
The proposed development has been designed to make practical use of the substantial block, with contemporary layouts that would appeal to a broad range of future buyers, including families, professionals and downsizers.
Currently occupying the site is an existing residential home with a tenant in place, providing an established rental arrangement while the purchaser considers their development timeline.
Development highlights:
• Substantial 1,265m block in an established Macgregor location
• DA-approved plans for three two-storey townhouses
• Proposed residences with approximately 170m-197m of internal living space, excluding garages
• Double garages incorporated into all three proposed residences
• Private outdoor living areas for each townhouse
• Detailed architectural plans prepared by Studio56
• Proposed unit-title layout included in the plans
• Existing tenanted residence on the site
• Opportunity for builders and developers to progress an already approved residential project
• Located across the road from the popular Kippax shopping center
For builders and developers, opportunities like this offer the benefit of an established development concept, with much of the initial planning work already undertaken.
Whether you're looking to add to your development pipeline, construct and sell three new residences, or explore a longer-term investment strategy, this is an opportunity worth considering.
To receive a copy of the approved plans, discuss the development in further detail, or arrange a time to walk through the site, please contact Jake Bunday.
