As the heading suggests, itâs not too often that an opportunity to purchase two adjoining properties at one time presents itself to the market, even less so in Taree West. Both of these properties sit on a very impressive, level 1,954m2 (approx.) parcel of land each, making a potential combined site of a huge 3,908m2 (approx.).
With such a substantial land holding available a multitude of options could be investigated to maximise the free space available either on the individual lots or look to possibly combine the two to open up even more potential (Subject To Council Approvals). The Vendors currently have an approved âDA Subdivision – 2 lots & consolidationâ subject to special conditions that could save a developer a lot of time and money in the planning stage. Income is available from day one, with an estimated combined rental return of $34,800 pa.
The two homes at a glance:
* 11 Spence Street (Previously tenanted at $420pw): Huge 4 bedroom, 2 bathroom home with multiple living areas, spacious kitchen, single carport plus single garage. Existing wide side access to the rear.
* 13 Spence Street (Currently tenanted at $250pw):
A tidy 3 bedroom home with a good sized kitchen and some more recent modest updates to the bathroom, floor coverings and paint internally. Existing wide side access to the rear.
Make an enquiry now and begin to explore the options for yourself.