Here is a unique development opportunity that offers so many possibilities.
Two back to back properties with established homes plus planning underway to subdivide and build a third.
Located in the Paris quarter of Lockridge, these 2 properties total 1456sqm and are being sold together by Auction (unless sold prior).
Conveniently situated across the road from Grimrey Oval and just a short drive to Altone Park Shopping Centre plus several schools, these two properties are well located to all the amenities you would expect. Theres even a Golf Course just a two minute drive away!
Both properties are currently tenanted for a total of $650 per week. 7 Woolgar is under lease until May 2022 while 45 Sturtridge is on a periodic tenancy.
What is there now?
45 Sturtridge Road
- 728sqm of land
- 3 Bedroom/1 Bathroom Home
- Air-conditioned
- Solar Power with Inverter
- Council Rates: $1500pa (approx.)
- Water Rates: $939.26pa
7 Woolgar Way
- 728sqm of land
- 3 Bedroom/1 Bathroom Home with Carport
- Rear Timber Deck
- Solar Power with Inverter
- Council Rates: $1680pa (approx.)
- Water Rates: $1019.91pa
What is Coming?
The current owners are well on the way to obtaining approval to subdivide and build a third home between the current dwellings. Siteworks have begun and plans for a new home by Dale Alcock have been obtained.
Part 2 video https://www.youtube.com/watch?v=WzPHD5PwiNo
For more details and a private viewing, please contact Agent.