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$430,000
Property ID: L13624256 | House
Not only is this a fantastic property with a gorgeous renovated kitchen, light and bright living spaces, awesome side-access, and strategically located, but it's also one of the greatest retain and build options on the market right now!
Retain and build development sites are hot property these days with many getting snapped up before they even hit the open market. The benefit being that you can create a brand-new block, while still retaining the existing house, hence saving money on a demolition and rebuild, while also maintaining and enhancing the character of the neighbourhood.
The thing that makes this particular property so much better than most though, is that in addition to being able to create the classic "battle-axe" block, you can potentially do much better and instead develop a new block side by side to the existing house (refer to the diagram in the images).
This is a far superior outcome for a number of reasons:
1) You end up with two independent street front properties
2) Both properties have a back yard! And there are options to keep some of the beautiful trees
3) You don't waste 100 odd square metres on access driveways
4) The new house can be a two storey town house, with views across the road to the leafy Tyler Springs Estate
5) The value of the two properties will be much higher than they would have been with the battle-axe option thanks to the above points.
This is a far more appealing option than most available at the moment, and a super exciting chance to get in on the action. But of course, you might prefer just to enjoy the home and the space and the trees, and save developing for some other day in the far distant future. Either way, this is a great buy right now and we recommend putting it on the top of your list, and reaching out to the Mitchell Brothers to help you secure it now!
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
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