Are you looking for an investment opportunity with loads of potential? Maybe your looking to subdivide or add a granny flat. This property is a rare opportunity as there is very little land available in the popular ‘Wine Estate’ in North Muswellbrook. This large 1,761 sqm block has been surveyed a has a DA to subdivide the block into two blocks. Future development or the opportunity to sell the vacant block in the future is a real plus. This property backs onto a lovely reserve area providing an open spacious feel.
The large 1,761 sqm battle-axe block has the potential for dividing into two separate blocks.
• Block 1- 880.5sqm
• Block 2- 881sqm
(The DA has conditional Council approval)
Property features include:
• 3x Bedrooms
• Built-in robe and a split system A/C in master bedroom
• Lounge room
• Combined kitchen and dining area with A/C
• Separate laundry and toilet
• Roof tiles have been treated and repainted
• 2x Garden sheds
• Low maintenance
• Quiet cul-de-sac
• Excellent tenant in place
• Currently lease for $310 P/W
With the potential of future growth and development opportunities this property has so much to offer. Please contact Grant Jupe at Raine & Horne Muswellbrook on 02 6543 2333 or 0405 294 910 for more information. DA paperwork, surveyors plans contract for sale available on request.
*Agent declares interest in property
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|R&H Suburb Summary||Houses|
|Number of sales||316|
|Median Rental Price||$380 p.w.|
|Change in Rental Rate (5yr)||41 %|
|R&H Suburb Summary||Units|
|Number of sales||30|
|Median Rental Price||$270 p.w.|
|Change in Rental Rate (5yr)||42 %|