Osborne is the talk of the town at the moment and here is a rare opportunity to acquire a prime piece of real estate that promises development potential, subject to planning consent.
Nestled in the heart of Osborne, this generous property sprawling over 1,130m2 (approx.) of land offers an abundance of development opportunities limited only by your imagination. Perfect for a new dream home, developers to subdivide, families wanting new homes next to each other and investors alike.
The existing dwelling constructed by the original owners was build in a by gone era and comprises of 3 bedrooms, a rumpus room, original kitchen, bathroom, offering a solid foundation for renovation or a temporary residence/income stream while planning for development.
Boasting secure off-street parking, accommodating multiple cars and recreational vehicles, a rare find that adds value and convenience.
This property represents a unique opportunity, offering the potential for substantial returns on development. Whether you're looking to construct a bespoke residence, develop the site to a maximum of 4 torrens titled dwellings (STCC), 2 Wallace Street provides the perfect starting point.
Harcourts Sheppard is entrusted by the executors to finalise an estate, marking this auction as a significant event not to be missed by developers, investors, and visionaries aiming to capitalise on the potential of Osborne.
For more information and to register your interest, contact Monica Furniss today.
Property ID: #L27036040
