Rare is an understatement with this elevated, flood-free 810sqm double lot in blue-chip Windsor offers exceptional flexibility and future upside. The block has strong fundamentals as a potential splitter for a one into two 405sqm lot scheme, resulting in either two blocks of land, two new residences, or a combination of both. Any development plans will of course require council approval, however preliminary discussions have been encouraging. The property is an ideal project for now or for the future as creating two new dwellings could potentially qualify for Negative Gearing benefits and Capital Gain Tax discounts. With these benefits and a solid game plan, 47 Green Terrace represents a golden opportunity.
- Close proximity to transport, lifestyle amenities and the CBD.
- Expansive parcel across two lots with subdivision potential (STCA), 20m frontage
- CR1 Character Residential Zone, no flood overlay to consider
- Post war with timeless features. A saleable relocatable or an easy demolition approval
- Hardwood weatherboards, bay window, casement windows and original detailing
- Strong Windsor resale market for newly constructed family homes
- Preliminary town planning investigations indicate favourable development outcomes
- Ideal for developers, land bankers, investors, or even families chasing land and location
- Close to public transport options, parks and walking tracks across the street
- Moments to Windsor Shops, Wilston dining precinct and parklands
- Easy access to the CBD, airport, major arterials and quality schooling options
- Supercharged opportunity in resilient growth market with Olympics just around the corner
Land size: 810 sqm
Water rates: $868.00 pa
Council rates: $769.13 pq
