Prime land, wide frontage and a city vistas. The is your landbank and dream home site.
Potential ( subject to planning code reforms)
R20 zoning change would make if adopted, a duplex block with oversized side by side frontages.
Positioned on the high side of Kemp Road in one of Mount Pleasant’s most elevated pockets, this substantial landholding combines gentle elevation, an impressive 27m plus frontage and city views from the existing home’s second level. Surrounded by luxury homes, the 792sqm site offers a compelling setting for a future family residence, with a comfortable home providing immediate rental appeal while you plan.
The broad frontage gives you room to explore a home with strong street presence, generous living spaces and outdoor entertaining designed around your lifestyle. The elevated position and established second-level outlook provide a valuable starting point for a design that makes the most of the city backdrop, subject to relevant approvals.
The existing home has been updated and extended over time and provides ample accommodation of five bedrooms, two bathrooms and two living areas across two levels. An alfresco and backyard add usable outdoor space, while updates to parts of the kitchen and bathrooms support its ongoing practicality. Presented in good condition and readily rentable ( circa $850 – $900 per week ), the home provides a useful source of holding income while plans take shape, with the property’s primary value remaining in its land, elevation and position.
For buyers considering future development, the R20 zoning adds another possibility to explore. Proposed changes to R20 lot-size requirements may create an opportunity for subdivision into two lots if adopted, subject to the final provisions, site suitability and relevant approvals. This offers a further reason to consider holding the land while its future options become clearer.
With elevation, substantial frontage and an established city outlook, 7 Kemp Road brings together the foundations for a significant new home and the flexibility of a rentable property today.
Don’t sleep on this one.
Disclaimer:
Every care has been taken to ensure the accuracy of the information provided in this advertisement; however, no warranty is given, and prospective purchasers should carry out their own investigations. The selling agent and agency accept no responsibility for any errors, omissions, or misstatements.
