The Bigger The Better - Open House Saturday, 7/6/14 at 2:00-2:30pm
Description
It's not often a property comes to you as packed with potential and filled to the brim with opportunity as this 3 bedroom cottage surrounded by a 1024sqm (approx.) parcel of land with a 15.7m (approx.) frontage and zoned for R3-Medium Density under Parramatta Council. An ultra-convenient street within a short stroll to both Pendle Hill & Toongabbie station shops and schools ensures this is the perfect place to live, invest, build your dream home or explore future development options (all subject to Council Approval).
The existing home features 3 bedrooms, kitchen and updated bathroom with timber floors throughout and ornate ceilings. Beaming with that old world charm it is no secret this house has seen better days and is just waiting for the right amount of vision and care that could restore it to its former glory. There is also a self-contained second dwelling at the rear of the property which features its own bathroom and kitchen providing the potential to generate a dual income for the savvy investor.
Given the potential in the current accommodation occupying this block the real meat of this offering comes in the form of the size of the land and the development potential it presents. The convenience and sheer demand for the location ensures a maximum return on the resales for any brand new developments built on the block or extreme luxury for those who desire to make their mark on the local neighbourhood and build their dream home. If you're a new homebuilder looking for a great block, an investor wanting a solid investment with future potential or a developer looking to buy now and develop then don't hesitate to make your enquiries on this prized position with plenty of potential.
AUCTION & OPEN HOMES - DATES & TIMES
Saturday, 07/6/14 - Pre-Auction Open Home & Bidding registration 2:00-2:30pm
Saturday, 07/06/14 - Auction On-Site 2:30pm
Council Rates: Approximately $350.00 per quarter
Water Rates: Approximately $174.00 per quarter
Land Size: 1024sqm (approx.)
Frontage: 15.7m (approx.)
Zoning: R3-Medium Density
The existing home features 3 bedrooms, kitchen and updated bathroom with timber floors throughout and ornate ceilings. Beaming with that old world charm it is no secret this house has seen better days and is just waiting for the right amount of vision and care that could restore it to its former glory. There is also a self-contained second dwelling at the rear of the property which features its own bathroom and kitchen providing the potential to generate a dual income for the savvy investor.
Given the potential in the current accommodation occupying this block the real meat of this offering comes in the form of the size of the land and the development potential it presents. The convenience and sheer demand for the location ensures a maximum return on the resales for any brand new developments built on the block or extreme luxury for those who desire to make their mark on the local neighbourhood and build their dream home. If you're a new homebuilder looking for a great block, an investor wanting a solid investment with future potential or a developer looking to buy now and develop then don't hesitate to make your enquiries on this prized position with plenty of potential.
AUCTION & OPEN HOMES - DATES & TIMES
Saturday, 07/6/14 - Pre-Auction Open Home & Bidding registration 2:00-2:30pm
Saturday, 07/06/14 - Auction On-Site 2:30pm
Council Rates: Approximately $350.00 per quarter
Water Rates: Approximately $174.00 per quarter
Land Size: 1024sqm (approx.)
Frontage: 15.7m (approx.)
Zoning: R3-Medium Density
