The Bigger The Land, The Better The Potential

Description

So much future potential exists with this 2 bedroom cottage surrounded by an enormous parcel of land measuring 1182sqm with an 18.29m frontage in an ultra-serene and convenient, Eastside location within a short stroll to Toongabbie station, shops and schooling. Explore the opportunities for the construction of your dream home or duplex subject to Parramatta Council Approval and live in or lease out the home whilst you prepare your plans and Development Application. The existing, character filled cottage has been well maintained, is currently returning a rental income of $340 per week and features 2 bedrooms, an open plan lounge and dining with air-conditioning, generous size kitchen with gas cooking, original yet neat bathroom and a single garage. 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: $296.00 per quarter
Water Rates: $174.00 per quarter
Land Size: 1182sqm (18.29m x 64.8m)