Red Carpet Event | Wednesday 7th September, Revesby Workers Club (2B Brett St, Revesby) at 6:30pm. Registrations from 6:00pm. An exceptional opportunity for the developer or investor looking to make their mark in an ultra convenient community setting, this is an offering that is truly once in a lifetime. With 3 properties totalling 2187.80sqm (approximate) on a level parcel with a 42.22m frontage, there is incredible scope for development, subject to approval.Presented to the market for the first time in 34 years, all three original residences combined return approximately $70k per year. 20 Parmal Ave has 2 bedrooms, 1 bathroom, 1 car, 22 Parmal Ave has 3 bedrooms, 1 bathroom, 1 car, while 24 Parmal Ave has 2 bedrooms, 1 bathroom, 1 car.A rare chance to land bank with the potential for a future R4 rezoning with a 4 storey limit and 1:1 ratio (STCA), the properties rest in a blue ribbon community just 450m to the heart of Padstow train station, schools and shopping, and also minutes to the M5. Features include:- 3 homes totalling 2187.80sqm (approximate) on a level parcel- To be sold in one line, 42.22m frontage, rear northern aspect- Presented to the market for the first time in over three decades- With a current combined return of approximately $70k per year- Offering incredible scope for development, subject to approval- Rare chance to land bank with potential for future R4 rezoning- Future possible zoning with 4 storey limit and 1:1 ratio (STCA)- 20 Parmal Ave has 2 bedrooms, 1 bathroom, 1 parking space- 22 Parmal Ave has 3 bedrooms, 1 bathroom, 1 parking space- 24 Parmal Ave has 2 bedrooms, 1 bathroom, 1 parking space- Set in a blue ribbon community just 450m to Padstow station
