PROPERTY DESCRIPTION

This property is currently not available.

Based on the high side of the road with an unimpeded cityscape outlook, this basic post-war home set on a valuable block is primed for the new owner to build a modern entity upon it or redevelop the site to an even greater capacity (subject to local council approvals).

This sloped, slightly irregular lot has an approximate frontage of 15m and depth of 50m and will bestow a beneficial asset for a perceptive purchaser to redesign into a more attractive property. The circa 1950 house with hardwood flooring consists of formal lounge, 3 comfortable bedrooms (one with ceiling fan), dining area, dated kitchen and rundown bathroom. An additional room at the rear with laundry facilities and toilet along with a double garage/workshop and side carport outside complete the improvements.

Despite the prospect to renovate the existing weatherboard residence, most informed parties will conduct their due diligence and accelerate the value of the site by acquiring council consent to build one, if not sub-divide and build two new homes that will hopefully capture the bright lights of the city skyline. Start your preparations now.

NO OFFERS CONSIDERED PRIOR TO PUBLIC AUCTION.
Auction On-Site:Saturday 16th of December at 11:30am
Inspections:Saturday 2nd and 16th December between 11:00 to 11:30am.
ALL OTHER INSPECTIONS BY APPOINTMENT.

Area: 809 sq m
Zoning: Low Density Residential Zone
RPD: Lot 18 on RP61825

AUCTION TERMS: CASH, UNCONDITIONAL TERMS with 42 DAY SETTLEMENT and 5% DEPOSIT PAYABLE BY PERSONAL/COMPANY/BANK CHEQUE or ELECTRONIC FUNDS TRANSFER ON SALE DATE.