Set on a generous allotment of approximately 853sqm with a frontage of 21m and free of any Easements or Encumbrances this property offers a fantastic development opportunity "Subject to Council Consent".
An option is to develop the property into three allotments which are held independently from one another. All the properties would have their own street frontage without a common driveway.
An added bonus is there is currently an existing three-bedroom home that could be tenanted. Suggested rent return $360pw giving you an income while you go through the planning and approval process before construction commences of the new homes.
Development approval had been granted by the Mount Barker District Council in 2015 but it has lapsed but can now be reapplied for.
This property is well located in a quiet street just a short walk to the local Primary and High School as well as the nearby local sporting facilities.
This is a rare and perfect opportunity that shouldn't be missed.
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