Opportunity 1. 3150m on Res 600 land. Currently there is a partly renovated home at the back of the block with D.A. pending for 6 Town Houses in the front.
Plans allow for 3 bedrooms, 2 bathrooms, 4 units with single garage, 2 units with double garage and balcony overhead, alfresco area. Common area to include visitor parking and BBQ area. Artists drawings available
Expected Body Corporate fee would be $20 per week per site in a Group Title scheme, with each of the town houses being strata titled. Total asking price is $550,000

Opportunity 2. Buy the land for the 6 town houses only on 2500m, and form a JV with the owner of the house at the back. Asking price for this proposal is $270,000.