SOLD AT AUCTION!
This is an unrivalled opportunity in Corinda.
1,227 Sqm of Corinda Real Estate gold with a 20m frontage.
Use your imagination as there are a multitude of opportunities for financial or lifestyle profits!
So Many options….
Like the neighbour you could consider splitting down the middle and being left with two 600m2 lots, then you decide…sell them as vacant lots, build two luxury homes and profit or maybe build your family home on one side and a home to sell or rent on the other.
Or you could follow the example of your other neighbour and create a rear lot…reno the existing home and then consider your options for the remaining spacious rear lot.
If subdividing is not in your plans and you are looking for the perfect family home what a wonderful canvass 62 Lynne Grove Avenue is to create your forever home.
With a 20 m frontage and 60m + depth there would be very few constraints that are so often the case as urban allotments become smaller and smaller. Here space will abound to build the largest of homes, resort style pool, maybe a cricket net or there may even be enough room for a tennis court for the next Ash Barty to hone her skills.
All these options are of course subject to council approvals but there are no doubt options aplenty.
While you make your plans you have the additional advantage of income from the current tenants until January.
This is a highly sought after area, close to all amenities and Real Estate like this is a rare find so do not hesitate.
|R&H Suburb Summary||Houses|
|Number of sales||84|
|Median Rental Price||$500 p.w.|
|Change in Rental Rate (5yr)||9 %|
|R&H Suburb Summary||Units|
|Number of sales||49|
|Median Rental Price||$380 p.w.|
|Change in Rental Rate (5yr)||6 %|