BJ Bennett & Co Real Estate Morwell.
Panoramic Estate is a quality 65 lot residential subdivision with a planning permit on 6.77 hectares or over 16.5 acres has just been listed for sale.
Features:
- High quality urban design
- Access to passive open spaces
- Two reserves one with water feature
- Sound walls
- Lot sizes allow for a variety of housing types
- Average block approximately 700m2
- Sewerage, power, town water on block
- Close proximity to super school, kindergarten, train station, sporting facilities and town center
Special feature:
Property is currently on an ongoing lease returning over $31,000 per year with most outgoings paid by tenant.
A rare opportunity looking to the future with an income stream and can be developed at your leisure.
Priced to sell at just over $35,000 per block a total of $2.3million. Do your sums, dont miss out. A great investment.