Whether you're looking to unlock the site's development potential now or secure it for the future, there is huge potential upside to retain the existing building with an underlying value in the 845 sqm land area and R60 zoning.
It offers the potential for a multi-unit development, with similar 4 unit projects already completed in the surrounding area.
The existing residence is a substantial two-storey home, originally built circa 1970, offering a large floorplan and solid foundations for those prepared to undertake a major renovation. For the right buyer, transforming the existing dwelling could prove a more cost-effective and faster alternative to building from scratch.
This solid home also lends itself to multi-generational living, with ample land available for future additions or ancillary accommodation (subject to approvals).
Positioned in a quiet street, the property enjoys an exceptional location just a few doors from Stanbury Park and within easy walking distance of Morley Galleria, the Galleria Bus Station and a wide range of shops, restaurants and everyday amenities.
Whether your vision is to renovate, redevelop or secure for the future this is a high-potential landholding .
