Perfect 637sqm canvas of possibilities with LMR Zoning and 15.8m Frontage
Introducing to you a fantastic investment or development opportunity.
Sitting on a generous 637m2 block with an impressive 15.8m frontage, this property is a canvas of possibilities for development or as a lucrative land bank and investment.
With potential subject to council approval (STCA) for a splitter block, townhouse development, or apartments, the options are vast.
The property features:
– Zoned LMR
– 15.8m Frontage
– 3 Bedrooms / 1 Bath / 1 Car
– Terracotta Tiled Roof
– Polished Wood Floors
– Modern Kitchen & Bathroom
– Large Open Plan Living
Currently tenanted with long term excellent occupants, (Lease Expires April 2024 & Tenant would love to continue living at the property )
This property offers a steady income stream while you explore its development potential.
A standout feature of this property is its clean site with no encumbrances or easements, ensuring a smooth and hassle-free transaction. The absence of flooding or overland flow issues adds an extra layer of security, making it an ideal investment.
Nestled on a quiet tree-lined street, 16 Troubridge Street enjoys a serene environment with a mix of high-end renovations and new builds, enhancing its appeal.
Zoned LMR (Low-Medium Density Residential), the property is a goldmine for development, allowing for a boutique apartment complex, townhouse development, or the creation of two lots (STCA).
This property meets all the criteria for an exceptional investment opportunity. Whether you’re seeking a development site or a long-term investment with future development potential, 16 Troubridge Street has it all.
Seize this rare opportunity to secure a property with outstanding potential. Don’t miss out on making 16 Troubridge Street your next savvy investment.