Strategically located on a battle axe style block this estate is not obvious from the road front. It is comprised of a 2921m2 level block with an equally large 470m2 one level 5 brm homestead and massive workshop with 3 phase power. A solid brick dwelling it sits literally on the hub of the roundabout intersection of John Oxley Drive, and Major Innes Road virtually opposite the Lake Innes Village shopping Centre and Charles Sturt University Campus. Arguably the most pivotal and strategically important intersection of PMQ and centre stage for the viability of the much vaunted Orbital Road development. Sooner or later this will command a significant premium from the local authority stakeholders that will have to secure it to implement their plans. As a consequence this estate has Land Bank stamped all over it.
Of course the political wrangling related to this this could go on for another decade and our Vendors are family folk with youngsters growing up. They have other fish to fry. Rather than simply waiting until the bucket at the end of the rainbow tips over they are looking to clip the ticket, move on and pass some upside to a new owner.
Set centrally at the rear of the intersection, the estate features a large, solid, one level five bedroom brick home. It has a large multi bay garage/workshop, absolutely perfect for a home business or storage of precious boy’s toys. Surprisingly once inside the front gate you appear to enter a different world, there is an extensive courtyard and in-ground swimming pool. From the entertainment patio (which flows seamlessly from the kitchen and family room) the north westerly vista is an extensive rural flavour including a vast sweep of tall grasses, trees and come early evening beautiful sunsets. It offers playhouse family living options with unique potential for a work from home business. Options abound for those that want to nest and invest.
This property is only available to view by appointment. To organise an inspection please call Garry Knapp on 0419 997 739 or Email [email protected]
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|R&H Suburb Summary||Houses|
|Number of sales||767|
|Median Rental Price||$450 p.w.|
|Change in Rental Rate (5yr)||7 %|
|R&H Suburb Summary||Units|
|Number of sales||343|
|Median Rental Price||$360 p.w.|
|Change in Rental Rate (5yr)||13 %|