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FOUR BEDROOM HOME CLOSE TO TOWN CENTRE ZONED R3
Positioned in a sought-after location, this property presents an outstanding opportunity for investors, developers, or those looking to secure a site with strong future potential. Zoned R3 Medium Density Residential, the possibilities here are extensive.
Zoned R3 Medium Density Residential - Residential uses permissible, dual occupancies, secondary dwellings, multi-dwelling housing, residential flat buildings, seniors housing, and group homes—making this an ideal addition to any portfolio or development pipeline.
The existing dwelling is a character-filled home offering four bedrooms and one bathroom, with a functional kitchen featuring an electric oven, rangehood, and dishwasher. With an estimated rental return of approximately $400 per week, the property provides immediate holding income while future plans are considered.
Set on a generous 624m² block, the home showcases original features, high ceilings, and a traditional layout, with scope for renovation, redevelopment, or complete transformation.
Key Features:
• R3 Medium Density Residential zoning
• 624m² block with development potential (STCA)
• 4-bedroom, 1-bathroom existing home
• Functional kitchen with electric appliances & dishwasher
• Estimated rental return of $400 per week
• Ideal for investors, developers, or renovators
This is a rare opportunity to secure a versatile property with both immediate income and long-term upside. Be sure to check out the virtual tour to explore the property in more detail. Contact Olivia or Lilly today to arrange your private inspection.
Features
Air Conditioning
Dishwasher
Electric Hot Water Service
Floorboards
Fully Fenced
Unfurnished
Location
Agent Details
