This premium 2,293 m² development site presents a rare investment opportunity fully DA and CC approved for a 3-lot subdivision. Perfect for savvy investors and developers alike, the property masterfully pairs secure, long-term holding income with immediate, build-ready potential. Adding to its unique appeal, the existing home on-site carries a rich history, having successfully operated as a local doctor's surgery for 25 years before being beautifully transformed into a spacious, modern family residence.
The approved plans offer an exceptional, high-yield blueprint designed to maximize returns across three generous allotments:
Lot 1 (653 m²): Features the fully renovated 5-bedroom existing home, currently generating secure income with a long-term tenant on a 10-year lease.
Lot 2 (670 m²): Approved for two expansive ground-floor units, each spanning 121 m² and featuring 5 bedrooms.
Lot 3 (670 m²): Approved for two ground-floor units, with Unit 1 measuring 85 m² and Unit 2 measuring 97 m², both featuring 4 bedrooms.
Constructed Infrastructure: Main stormwater and sewer lines are already completed on-site, significantly reducing initial civil works and development timelines.
Settled Contributions: All council levies and developer contributions have been fully paid, with a registered easement already in place to Francis Street.
This package allows you to bypass the traditional planning headaches and move straight into the construction phase in a highly sought-after, high-growth market. With all major council blockages removed, essential civil works completed, and a reliable 10-year tenancy already mitigating your holding costs, 4 Hammers Road represents an unmissable, de-risked addition to any property portfolio.
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.