A very rare chance has presented itself to purchase two adjoining residential properties at the same time. Each of these properties share a common boundary and each offer level 1954 square metre blocks with street frontage giving a combined total area of 3908 square metres.
Obviously this amalgamated offering provides the serious developer / investor the opportunity to look in to building units / villas (subject to council approval) on this huge parcel of residentially zoned land.
11 Spence Street, Taree – Offers a huge four bedroom weatherboard family sized home with large garage and carport plus covered outdoor living at the rear. Boasting two living rooms, two bathrooms and large bedrooms this home would be very easily rented to tenants if a new owner needed income from this property while planning future development etc.
13 Spence Street, Taree – Provides an older style weatherboard home with three bedrooms, a relatively modern kitchen and a single carport plus lock up garage. Currently rented this property will also provide a steady income stream for an investor.
In the recent past the current owner of these properties submitted plans to council for 11 units across much of this combined area which were approved subject to conditions.
Located less then 1km from Manning Base Hospital, and a short walk from convenience stores and a Public Primary School this property sits in a prime position and is ready and waiting for a new owner.