ATTENTION DEVELOPERS AND BUILDERS! This charming, well presented and very liveable double-fronted freestanding home should not be missed because it offers upside to redevelop into a significant residential and commercial development with multiple dwelling accommodation (STCA)*.
SUITABLE FOR HOMEBUYERS, RENOVATORS AND INVESTORS this home has the benefit of being ready for a family to move in and enjoy with scope to renovate and make it a grand 2 storey contemporary home or a large totally renovated single level home (STCA) with a double garage or you can leave it as is and lease it as a superb investment with an excellent estimated rental return of $1,000.00-$1,100.00 per week.
This prime piece of land offers:
• A level block of land of 304sqm approx. with a 9.1m frontage.
• 2 street frontages with wide rear lane access.
• Zoning B1 - Neighbourhood Centre.
• Floor Space Ratio (FSR) = 1.5 to 1.
• Permissible Height Limit = 11m.
• Commercial and multiple dwelling residential development potential.
On a similar land size:
286 Unwins Bridge Road Sydenham next door provides:
• 7 apartments and 1 shopfront.
268-270 Unwins Bridge Road Sydenham nearby provides:
• 8 apartments and 2 shopfronts.
House with parking and studio accommodation:
• 3 large bedrooms, 2 with built-ins.
• A large open plan living, dining and kitchen area.
• A modern gas kitchen with plenty of bench space.
• A large renovated white bathroom and outdoor laundry facility.
• Split system air conditioning in the living areas and one of the bedrooms.
• Polished timber floors, high ceilings and original ducted air conditioning.
• A large backyard with patio and a large, private sunny lawn and garden.
• Wide rear lane access to a big double lock-up garage.
• PLUS a studio self-contained with an outdoor bathroom.
And a fabulous location:
• Right in the heart of Sydenham village shops.
• 300 metres to Sydenham station, the interchange and the new Metro line.
• In catchment area for great schools like the selective Tempe High School.
• Excellent growth prospects only about 7km from the CBD.
• A short stroll to shops, parks, all public transport facilities and amenities.
• On the fringe of the desirable Newtown and Marrickville precincts.
• Growing area with new eateries, distilleries and major retailers like IKEA.
For more information contact:
Nick Politis 0417 348 022
