This solid and incredibly spacious two storey brick house is set on a flat, north facing R2 zoned block encompassing 1,046sqms of land.
It's incredibly convenient with Katoomba Street and the Train Station just a 550m walk away!
Originally DA approved as 5 bedroom + study house with multiple living areas and 4 bathrooms.
When the second storey was built, the owners obtained DA approval for a boarding house and began work but didn't get a Council inspection conducted and ran out of energy. The approval for the boarding house has now expired.
The current layout is a 3 bedroom, 2 bathroom unit upstairs and an incomplete floorplan downstairs.
Options could include:
- Reverting back to the original house
- Amending the original DA and changing the layout
- Potentially start from scratch and do something completely different.
You could not buy the land and get to lock-up stage at this price. This is a tremendous opportunity for someone looking for a project.
Whenever we sell a building which does not have a final occupation certificate, we urge potential buyers to conduct their due diligence with council and carefully review all associated DA documents.
For more information on this exciting opportunity, contact Marc Fitzpatrick.
Land size: 1,046 sqms
Zoning: R2 Low density residential
Council rates: $890.50 pq
Property Code: 1852
