Attention all builders, developers and astute investors, here is an amazing opportunity to acquire this fantastic size parcel of land in Broadmeadows heartland. All the hard work has been done in obtaining a town planning permit for the construction of 12 wonderful townhouses. The permit allows for the construction of 7 x 2 bedroom and 2 bathroom townhouses and 5 x 3 bedrooms and two bathroom townhouses. Economically designed for the ease of construction, each townhouse offers a generous floorplan along with a single car garage, good size private open space and some offering an additional living space, study and 2nd carpark. Located within a stone’s throw of everything Broadmeadows has to offer including the Broadmeadows train station, major shopping centre, airport shuttle bus stop, library, leisure centre and a choice of primary and secondary schools. Only 15 kms to the CBD via citylink and only a short car ride to the airport via major freeways. At present two separate homes are bringing in a combined rent of $31,548.00 per year. With the potential for a cash positive investment after construction, don’t miss this once in a lifetime opportunity.
The Permit allows for the construction of the following;
Unit 1 Townhouse inc 2 bedrooms, 1 bathroom, garage, courtyard and terrace 13.4sqs.
Unit 2 Townhouse inc 2 bedrooms, 2 bathrooms, garage, courtyard and terrace 12.6sqs.
Unit 3 Townhouse inc 2 bedrooms, 2 bathrooms, garage, courtyard and terrace 12.4sqs.
Unit 4 Townhouse inc 2 bedrooms, 2 bathrooms, garage, courtyard and terrace 13.1sqs.
Unit 5 Townhouse inc 2 bedrooms, 2 bathrooms, garage, courtyard and terrace 12.7sqs.
Unit 6 Townhouse inc 2 bedrooms, 2 bathrooms, garage, courtyard and terrace 12.7sqs.
Unit 7 Townhouse inc 2 bedrooms, 2 bathrooms, garage and courtyard 15sqs.
Unit 8 Townhouse inc 3 bedrooms, 2 bathrooms, garage and courtyard 15.4sqs.
Unit 9 Townhouse inc 3 bedrooms, 2 bathrooms, garage and courtyard 15.6sqs.
Unit 10 Townhouse inc 3 bedrooms, 2 bathrooms, garage and courtyard 15.7sqs.
Unit 11 Townhouse inc 3 bedrooms, 2 bathrooms, garage and courtyard 16sqs.
Unit 12 Townhouse inc 3 bedrooms, 2 bathrooms, garage and courtyard 15.8sqs
Plans and Permit available for inspection.