* 429 m2 town block with Council Approval to subdivide
* Older style 2 bedroom home with sleepout
* Lounge room, kitchen, sunroom & sundry sheddingThis Wingham property will make an ideal purchase for the prudent investor seeking a property that can be leased while also having current approval for subdivision. Located in a quiet area of Wingham this whopping 1429 square metre town block has a comfortable two bedroom older style home located to the front & facing the street. The home is currently rented and offers two bedrooms, sleepout, sunroom, lounge and kitchen. There is also a large undercover BBQ area to the rear with sundry shedding. What makes this property so interesting is that the local Council has actually approved a subdivision of the land to be split in to two separate blocks. While this work has not actually been done the Council has stamped plans and the approval remains current until February 2014. If the older home to the front of the property where removed from the site than it is a possibility that Council may consider other concepts for the use of this enormous block. While an ideal purchase for the experienced investor, this property would also make an incredible start for the young couple looking for their first home. With the added benefit of a development approval this home may see extra dollars put in to the hand of a home buyer in the future. If you”re a builder, developer or everyday investor seeking a property with definite ability to develop, this property warrants your keen interest. Make no mistake, this Wingham property will not last long at such an affordable price.

* Internal Laundry