Ray White TTG has an enormous development opportunity that enjoys a tenanted property that we manage on a huge, mostly flat 1,720 approx sqm block.
With large frontage and indicative plans that have seen the planners preliminary agree (somewhat) to 7 blocks fitting in, by building a small road down the middle but yet, Planning Consent is still needing to be granted. Or possibly (STCC) maybe wider street frontage block but less of them
The vendors also said that there is a very slight possibility that the new owners might get 8 blocks but that was really pushing it and although unlikely, nothing is approved so the potential purchasers can do their own homework and this still is a possibility though subject to planning consent.
My clients are looking to settle this property before the financial year so you don't have long. The best unconditional offer buys it. So hurry, get in touch with your advisors and your lenders.
This property has ENORMOUS potential and while your plans are being approved, you have rent coming in from good tenants with this large family 4 bedroom home, plus a study.
Here are some additional features:
- Multiple living areas.
- Large central kitchen.
- 2 Bathrooms.
- Large laundry.
- Beautiful front and rear yards.
- Huge entertaining areas.
- Plenty of undercover parking and workshop.
- Heating and cooling..
Currently tenanted for $550 per week until September 2022.
IMPORTANT INFORMATION YOU SHOULD READ BEFORE ASKING FOR A PRICE GUIDE…
Please don't be offended if we don't reply to questions about price guides when we make it very clear in the paragraph below. Thank you.
* Sam Doman and his team at Ray White Tea Tree Gully do not give out price guides.
You are free to do building inspections and read the Contract and Form 1 in the lead up to the auction day, then come and bid, and hopefully buy on auction day.
Our vendor's realistic reserve will be set from the feedback that we receive during the campaign.
If any potential buyers want 6 months' worth of recent sales to help you weigh up your thoughts on price, we can email them to you if you ask by submitting an enquiry. No price guides are offered as to let the market decide on the day, not what the agent thinks and not what the vendor wants. Auctions are to help the buyer/s buy transparently and have their chance at buying in front of everyone, rather than by submitting offers and hoping they offered the right amount. We hope you understand and good luck with your bidding!
The Vendor's Statement (Form 1), the Auction Contract and the Conditions of Sale will be available for perusal by members of the public -
(A) at our office located at 1303 North East Road, Tea Tree Gully for at least three consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.
DISCLAIMER: We have in preparing this document using our best endeavors to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
RLA 292129
