Here is an incredible opportunity to purchase a DA approved development to build 7 townhouses on a 1416m2 block of land, zoned R3 Medium Density and within walking distance or approximately only 0.5 kilometre from Wyong train station and township. The real estate adage of "location, location" certainly applies to this property and of course to its future development potential with local schools, shops, clubs, M1 Motorway plus the beach only a short drive away.
The townhouses comprise of 2 bedrooms with built-ins plus a study area upstairs and an open plan living, single garage with European style laundry and extra toilet downstairs. The design would ideally suit the local area demographics and buyer interest is expected from both owner occupiers and investors alike.
The existing immaculately presented 3 bedroom home, offers double bedrooms, several living areas including the lounge room, dining room, study area and a renovated country style kitchen plus features of the time including, high ceilings, polished timber floors, an open fireplace in the loungeroom. The home is currently rented for $420 per week so earn an income until you are ready to commence building.
This is a magnificent investment opportunity in a wonderful location only a short 50 minute drive on the M1 Motorway from Sydney.
