2 dwellings on flat 1174m²

Property listing ID: 796294

Bedrooms
5
Bathrooms
2
Garage
2
Covered parks
2
Land area
1174m²
Price / method
Sold September 2020 for $1,500,000

A unique opportunity is calling all investors! Legal two dwellings on a flat full site. The overseas vendor instructs: MUST SELL! - 1174m² freehold land in Hillcrest central, zoned for Mixed suburban. - Two dwellings with separate power & water meters. - Subdivision consent issued in 2016, all services (stormwater, wastewater, etc) on site. - 4 minutes walking distance to popular Willow Park Primary school. Option 1: Landbank with near $1000 weekly cash flow. Option 2: Subdivide the land and no need to remove the existing houses, Lot 1: 719m², Lot 2: 455m² Option 3: Relocating the existing dwellings, possible subdivide to 3 or 4 lots under the new unitary plan (only upon council approval). Call now for the information package (Lim, title, subdivision consent & engineering drawing plans).

Listed by Barfoot & Thompson , Albany Residential Sales (Albany)