UNIQUE opportunity for savvy investor in high-growth area
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Heritage
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About this property
The phone enquiry code for this property is - 2824 Expressions of interest now open for a property in Newcomb that hits all the marks. At 604sqm the land layout is a ripe example to split into a two-lot subdivision, as supported by current COGG planning and pre-designation policies. Highly suitable for 2 stage development options, as the house dwelling also offers comfortable living. The 1950's era cottage has benefitted from recent upgrades to kitchen, main bathroom, additional powder/ensuite completed and brand new split system added since last changing hands on the market in 2023. Currently occupied with tenant, lease agreement till January 2027. Option for potential investor to release or extend tenant by arrangement. Long settlement periods up to 90 days available by request.
Property Features
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Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 2
- Land Area
- 604m²
- Listed
- Today
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Updated & Low-Maintenance Living in highly sought after Newcomb
Exceptional value
Enjoy now, develop later - Residential Growth zone on nearly 800m2
Within 5km