955 sqm Level block on the eastern side of the highway currently zoned R3 medium density. Situated on the block is a 2 bedroom cottage in good order and currently leased to a reliable long term tenant. With the cottage set at the front of the block and easy access to the rear of the property it should be possible to do a staged development. The property is on the fringe of the CBD with the area being considered for rezoning to a higher density. It would make for a perfect land bank project, a great addition to self funded super.
• 955 sqm LEVEL BLOCK
• ZONED R3 MEDIUM DENSITY
• 2 BEDROOM + 2 BATHROOM COTTAGE
• DETACHED SINGLE LOCK UP GARAGE + CARPORT
• WALK TO CBD
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R&H Suburb Summary | Houses |
---|---|
Number of sales | 153 |
Average Price | $896,378 |
Median Price | $815,000 |
Median Rental Price | $495 p.w. |
Change in Rental Rate (5yr) | 34 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 35 |
Average Price | $711,857 |
Median Price | $650,000 |
Median Rental Price | $440 p.w. |
Change in Rental Rate (5yr) | 38 % |
37 Jubilee Avenue, Ulladulla,
New South Wales, 2539