Development Potential - Finish the DA and GO!
The owners are liquidating and the opportunity for you to purchase this site and complete their vision is now yours. With an application already started, it is a matter of making any changes you wish – liaising with council and starting the project. Currently, the application is for a 22 lot subdivision, however you might wish to change this to a townhouse site subject to Council Approval.
The other option is to keep it as a large parcel and build a large dream home with room for the family to run around.
The property is 4.27 hectares which is mostly heavily treed apart from the front section which would be used for the development. As an added bonus, the property does currently earn an income. Great to assist with the holding costs.
Those who already live in the area, love it – now you can too.