810m2 of Pure Potential

Description

Sitting on a superb 810m2 block of land with a 20 metre frontage on the high side of the street, this 7 year old 5 bedroom dream home is in a prime location close to Girraween Selective and Public schools, and within a 17 minute walk to Pendle Hill train station.

Selling at just over land value due to a fault in the concrete slab foundations which has caused cracking to the ceiling and cornices, the home is supremely spacious, well equipped with every modern luxury you could imagine and has enough room inside to accommodate the largest of families with ease.

Being a massive near level block of land with dimensions of 20.1m x 40.2m, no easements and no big trees to impede future redevelopment there are many options available to astute buyers who can see the enormous future potential here.

Owner occupiers could just move in, patch up the cracks in the gyprock and start enjoying this beautiful home in a dream location, while astute investors could easily rent out the home as it is. Developers can investigate with Holroyd council the possibility of knocking down and building a large duplex or possibly even two freestanding new homes on this land thanks to its generous 20 metre frontage.

The spacious accommodation includes 5 bedrooms, 2 bathrooms including ensuite to the master, a formal lounge/dining room with gas fireplace and timber floors, a huge open plan kitchen/family room with gas cooking and dishwasher, plus a separate rumpus room. The extra large double garage offers internal access and there is also side vehicle access into the huge level backyard which is an entertainers dream with enormous undercover alfresco pergola and outdoor kitchen cabinets and barbeque.

There is no doubt that this is an exciting opportunity to acquire a fantastic property with future development potential, on a superb block of land in a prime location. These days to buy a block of land of this size and build a home of this calibre would cost in the region of $1.2 million dollars, so it's easy to see that despite the building faults, this property represents amazing value for money.

Buyers note: An Engineers report is available on request.

Council Rates: $350 per quarter approx.
Water Rates : $176 per quarter
Land Size 20.1m x 40.2m=810m2

FOR MORE INFORMATION CONTACT NICK BARDON 0409 900 237

Girraween

97 Magowar Road
$ 840,000
  • 5
  • 2
  • 2

overview

  • 1P3527
  • $ 840,000
  • House
  • Sold
  • 97 Magowar Road Girraween NSW
  • 5
  • 2
  • 2
  • 810 sqm
  • 2
  • $176 Quarterly
  • $350 Quarterly
  • Talk to us today