Peter Diamantidis from Raine & Horne St Marys has been appointed to sell this DA approved townhouse site on the open market.
The hard work has been done battling council for an approval now this property is in need of a new owner/developer to take on the job of constructing.
As you can see from the aerial shot, all blocks surrounding this property have been developed into townhouses.
Currently returning $930 per week with tenants happy to stay if required.
- 1120sqm of land
- 15.24 metres frontage
- 73.49 metres in depth
- Zoned R3 medium density
SELLING OFF THE PLAN:
St Marys is in strong demand to first home buyers trying to break into the market under $600,000.
First Home buyers are moving to St Marys as it’s one of the last suburbs where brand new townhouses under $600,000 can be purchased and the bonus of being in an area identified as a hot suburb with the loads of new infrastructure occurring.
Great opportunities like this don’t come around everyday!
For further details please contact Peter Diamantidis on 0404 051 702
|R&H Suburb Summary||Houses|
|Number of sales||18|
|Median Rental Price||$395 p.w.|
|Change in Rental Rate (5yr)||-1 %|
|R&H Suburb Summary||Units|
|Number of sales||41|
|Median Rental Price||$400 p.w.|
|Change in Rental Rate (5yr)||5 %|