Developers, builders and entrepreneurs can look to harness the exceptional potential, prized position development site on 858sqm.
Town planning permit approved by council for four large units from architects Ikonomidis Reid.
Unit 1 - 199.4sqm - 3 bed, 3 bath, study, double garage
Unit 2 - 152.2sqm - 2 bed, 2 bath, study, lock up garage
Unit 3 - 135.2sqm - 3 bed, 2 bath, lock up garage
Unit 4 - 178.2sqm - 3 bed, 2 bath, double garage
Access from Purinuan Road, the bus at the door, Ruthven Station a short walk away and the centre of Reservoir and all the lifestyle benefits that brings within an easy walk will only enhance the appeal and success of a multi-unit project.
A completely comfortable brick home enhanced with period features and offering three bedrooms, two living areas, dining room and eat in kitchen could provide an ideal base to renovate or deliver rental income of $400 per week to off-set holding costs while plans and permits are finalized.