With property prices still soaring and affordable blocks becoming scarce, this parcel of land has to be one of the best buys around at the moment.
It is convenient to an array of different services, including schools, shops, entertainment, fuel and liquor outlets, yet the peaceful location it enjoys, surrounded by trees and stands of natural bush, makes it feel like it's many miles away from the hustle and bustle of city living.
The generous 901 sqm residential lot with an incredible 32m street frontage is relatively level and cleared, except for a screen of remnant vegetation across the front, and it already has deep sewerage connections present for not one, but two, homes. Scheme water, electricity and telecommunications have been provided to the site. There is an existing crossover and driveway on to the land and a verge upgrade fee to the City of Albany has already been paid for. It is also fully fenced around the sides and rear and nestled between established housing.
There's plenty of space here for a sizeable home, a shed and gardens, while still having a back yard large enough for the kids and pets to spread their wings. Imagine being able to build the home of your dreams, tailored to perfectly suit your needs, including your choice of design, fixtures, finishings and appliances. Most importantly you can create the space YOU want for your family's lifestyle and entertaining friends. This site is particularly well suited to those who need wide vehicle access to the rear for storing a caravan, boat, trailer, horse float or extra vehicles of any height, a feature that is often very hard to come by in this price range.
Alternatively, as this block is zoned R20, you might consider subdividing the land in to two Green Title lots. Most of the hard work for subdivision has already been completed and with all of the essential services now available to the site, it could be split right down the middle, without the need for any common property or shared driveway (subject to the approval of relevant authorities). This would allow you to build two dwellings, side by side, each on their own separate Title. Such a scenario offers the exciting prospect of being able to build a brand new home for yourself on one lot and a second house as a rental property on the other lot – and this is the ideal arrangement if you want to keep a close eye on your valuable investment just next door. The second dwelling could also be used as residence for extended family such as aging parents or grandparents, who perhaps may need some assistance to live independently, either now or in to the future. The other option is for you to capitalize on the huge demand for established housing in Albany and build both homes for rental purposes.
Situated in a high growth suburb that is rapidly expanding and expected to have more services available to it in the near future, it is already close to everything you and your family will need to live a comfortable and full life, and is convenient to the highway for direct access in to the CBD. As it is not part of a large scale subdivision, it has the added bonus of still being surrounded by trees and other greenery in the neighbourhood, adding to the peaceful and relaxing ambiance of the location.
You'll struggle to find better value real estate in Albany than this rare parcel of land.
To discuss your interest in this fantastic opportunity, please contact Lee Stonell on 0409 684 653 or lee@merrifield.com.au today to avoid disappointment.
What you need to know:
- 901 sqm block of vacant land
- Extra wide 32.22m street frontage
- Relatively level site, mostly cleared except for a screen of remnant vegetation across the front
- Zoned R20 and ready to subdivide in to two Green Titles (no common property)
- Deep sewerage available for two properties
- Electricity, scheme water and telecommunications also available to site
- Fully fenced on three sides
- Peaceful location on edge of town, surrounded by trees and stands of natural bush
- Close to schools, shops, cinemas, fuel & liquor stores
- Short drive in to Albany's CBD
- Part of high growth suburb
- Build for yourself, or investment, or both!
- City of Albany Rates $1,383.00 per annum
- Water Corporation Annual Service Fee $783.94 per annum
