The potential for this property is endless. Located a very short distance to Macquarie hospital, universities and train stations, this is one of the last houses left at this location.
The land is zoned R4 for high density, subject to council approval you may be able to build large apartments, townhouses or a large boarding house which is a perfect investment for this location.
There is a high demand for accommodation in this area being so close to all amenities, you can't go wrong here.
The existing property is currently rented for $1,210 per week to long term tenants. Current accommodation consists of 4 large bedrooms, 2 full bathrooms, open plan kitchen with granite bench top, formal dining, large living room area leading to entertainment deck overlooking the beautiful and peaceful reserve, open fireplace, internal laundry, alfresco entertaining area.
The property also comes with an inground swimming pool and double lock up garage plus space for another 3-4 cars. There is also enough space for you to build a granny flat.
This property has it all, privacy, size, location and future gains from a development.
For more information, contact Val Zaharievska 0416 377 329