This well maintained and comfortable home, situated well back from the road on a large front site in one of the North Shore's most affordable suburbs, represents a HUGE opportunity - one that will have developers and land-bankers falling over themselves to explore!
Although warm, sturdy and thoroughly livable as is, the scope to enhance the property's 817m2 is undeniable whilst the solid 3 bedroom home will provide a sound rental investment whilst further development is undertaken.
Outside, the generously-proportioned grounds offers the 'piece de resistance', with plenty of scope for an astute new owner to add further value to their investment either by investigation in the potential of subdivision, or by the development of the whole site by removing the existing
home.
Purchasers would need to do their due diligence to see what the Unitary Plan will allow, a good planner will surprise you with the options available.
Large sites such as these rarely come to the market.
Originally developed 50-60 years ago, the area is attracting interest from developers looking to redevelop the large sites with new townhouses and terrace housing now becoming prevalent in the immediate vicinty. The proximity to popular schools and a host of convenient amenities underpins your investment in this locality popular with first home buyers.
PROPERTY FILE AVAILABLE
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