Raine & Horne St Marys and listing agent Peter Diamantidis are proud to bring to you this opportunity to purchase 1079sqm of land zoned R3 with loads of potential
1079sqm of land
15.24 metres frontage
70.80 metres depth
Zoned R3 – Medium density
Taking into consideration recently built townhouse sites in the area we are finding anywhere between 5-6 townhouses could be achieved subject to architectural design and council approval. Similar land size in the same street has constructed 7×2 bedroom townhouses on 1079sqm of land.
2 Dwellings on one block currently returning $790 per week.
Well located within walking distance to local schools, shops and transport which will help when selling your constructed townhouses.
For further details regarding this opportunity please contact Peter Diamantidis 0404 051 702
|R&H Suburb Summary||Houses|
|Number of sales||19|
|Median Rental Price||$400 p.w.|
|Change in Rental Rate (5yr)||0 %|
|R&H Suburb Summary||Units|
|Number of sales||30|
|Median Rental Price||$410 p.w.|
|Change in Rental Rate (5yr)||8 %|