Developer's Dream

Description

So much future development potential exists with this 2 bedroom cottage surrounded by an enormous parcel of land measuring 1271sqm with a 20.115m frontage in a convenient location within a short stroll to Toongabbie station, shopping precinct and schools. Explore the opportunities for subdivision and the construction of 3 Torrens Title dwellings (subject to Parramatta Council Approval) and live in or lease out the home whilst you prepare your plans and Development Application. The existing cottage features large bedrooms, 1 with air-conditioning, study nook, original yet impeccably maintained kitchen and bathroom, open plan dining and separate lounge with air-conditioning. The popular, highly sought after location ensures strong interest and high re-sale prices on any future development. Large land is becoming increasingly harder to find, land of this size is almost impossible so don't miss this amazing, profitable and unrepeatable opportunity.

Council Rates: $347.50 per quarter
Water Rates: $174.00 per quarter
Land Size: 1271sqm