Attention builders, developers, investors, superfund groups and more! This is location, location with outstanding potential returns. A fantastic development approved opportunity in the heart of Casula with services at your door.
A prominent position with motel and small set of shops located right next door and within easy access to Casula station, Casula Mall, bus, Primary and High Schools, M5 and M7 Motorways and so much more.
- Exceptional 1569m2 block (approx.) with over 32 metre frontage to Casula road on two titles
- R3 Medium Density Zoning
- Build the D.A. Approved apartments then rent out with potential rental returns to be $450,000 per annum
- Two existing dwellings on two titles including a 4 bedroom home with garage and carport and a 3 bedroom home with a detached self contained granny flat
- Both homes currently returning $48,880 per annum
- D.A. expires November 2024 with additional reports done moving towards C.C
- Explore further development options too (Subject to council approval)
- Great potential for returns with rental shortages in the area
Don’t settle for ordinary. Discover an unparalleled opportunity, not easily found in the local area.
Call today for information memorandum