Attention all developers and investors even the first home buyer that maybe looking for the opportunity to buy a property with friends or family next to each other. Here is your chance to grab an excellent development site in one of Jacana’s finest streets. A rare opportunity of 2 blocks side by side with combined total land size of 1189 m2 (approx.) with approved plans and permits for 5 dwellings. This allows you to keep the two front homes and build 3 new townhouses at the rear also including Engineering, Working Drawings, Soil Test and Electrical Plan. It’s ready to start building straight away or build in the future with your own plans.

The property currently comprises of: 2 separate blocks, with brick veneer homes in good condition, that are all currently rented with, 3 bedrooms, spacious lounge, separate kitchen/meals area, central bathroom, separate toilet and laundry, also a combined rental return of $2,773.00 a calendar month

The plans consist of:

Unit 1: 13.5 sqm, Original 3 bedroom home that will have its own driveway to carport area. Current resale value after development approximately $320,000.

Unit 2: 13.13 sqm townhouse comprising 2 bedroom, 1 bathroom, powder room, open plan living/kitchen/meals, single LUG to be constructed

Unit 3: 13.94 sqm townhouse comprising 2 bedroom, 1 bathroom, powder room, open plan living/kitchen/meals, single LUG to be constructed

Unit 4: 13.26 sqm townhouse comprising 2 bedroom, 1 bathroom, powder room, open plan living/kitchen/meals, single LUG to be constructed

Unit 5: 17.68 sqm Original 3 bedroom, 2 bathroom, formal lounge, separate kitchen/meals and single LUG. Current resale value after development approximately $380,000

All this within walking distance to the Broadmeadows Shopping Centre, local schools, parks, hospital and public transport and with Melbourne airport only few KMS away.

If you have been waiting for the extra-extra-large development opportunity to appear, this is the one. Plans available on request.

AUCTION: SATURDAY, 8TH JULY AT 11:30AM

FOR MORE INFORMATION CALL DAVID TAYLOR 0409 976 246 OR BRYCE TURNER 0402 141 067