R80 RARE DEVELOPMENT OPPORTUNITY - PRIME LOCATION

Opportunities like this don’t come around very often so call me on 0403 402 071 now to discuss the possibilities.

This 4 bedroom home sits on a 1033 sqm block zoned R80 in a prime location in the MRA’s ‘West of Railway’ Precinct.

With a structure plan in place and currently zoned R80 this property could be developed immediately (subject to relevant approvals). The current structure plan allows for development of a 2-3 storey apartment building.

There is an amended structure plan due out for comment soon which is likely to increase the zoning to an even higher density. When approved this would mean that you could develop a 3-5 storey, mixed use building, consisting of commercial on the ground floor and apartments above.

It is also worth noting that the neighbouring properties at 4 Cornish St and 8 Cornish St are also available for sale. Purchasing the three together would give you a total area of 2555 sqm ofprime developable land.

Call me now on 0403 402 071 for more information or to make an offer.

Property ID: 828681