A magnificent and extremely rare opportunity to secure four (4) adjoining properties comprising a total land allotment of approximately 2,518sqm which has recently been re-zoned to R4 High Density Residential, allowing immense value adding opportunities and development potential (S.T.C.A.). Strategically positioned within close proximity to Fairfield CBD it provides direct access to various primary and secondary schools, multiple shopping centres and public transport routes offering a strong focus on convenience and location. Investors will also have the ability to enjoy a diversified income potential generated from the existing dwellings with the prospect to eventually add value through future development or re-sale with approved development applications. Site Particulars:
• Zone R4: High Density Residential
• Total Site Area: 2,518sqm ( Approx. )
• Frontage: 51.2m
• Floor Space Ratio
- 2:1
• Potential Building Height: 20m Development Potential Subject to Council Approval:
• Residential Apartments
• Child Care Centre/Facilities
• Community Facilities or Places of Public Worship
• Boarding Houses
• Respite/Age Care Centres Site Proximity: Fairfield CBD: 800m Fairfield Forum: 800m Fairvale Public School: 800m Fairfield Train Station: 1000m