Under offer
It's hard to get ahead in the current environment. A potential development site with a well renovated home on it is becoming harder and harder to find.
Where really is the growth coming from in your next purchase in this price bracket? Think about it.
You may not develop the site today, but to have that option, now that's freedom and flexibility!
7 great reasons why....
1. MOVE IN NOW. GROW INTO IT. INVEST FOR THE FUTURE.
Whether you're a young couple looking for your first serious foothold in the market, a growing family wanting genuine backyard space, or an investor thinking about the years ahead, this beautifully updated corner residence offers a combination becoming increasingly difficult to find.
Fresh, light-filled & ready to enjoy, it sits on a generous 473sqm landholding zoned R30, offering significantly more land than many properties in this price bracket together with future development potential worth investigating.
2. A HOME FOR TODAY POTENTIAL FOR TOMORROW
One of the biggest attractions is that you may not have to choose between enjoying the existing home & considering development potential.
Based on preliminary email feedback from the local authority regarding the position of the existing residence & available land, there appears to be potential to investigate an additional dwelling while retaining the existing home, subject to planning, strata, surveying & statutory approvals.
Buy the home.
Live in it.
Raise a family in it.
Rent it.
Explore the additional landholding when the timing suits you.
For purchasers thinking long term, the development potential could represent a valuable future asset an opportunity to unlock more from the land without necessarily having to sell & start again elsewhere.
3. YOUR FUTURE NEST EGG
Alternatively, a purchaser may eventually choose to remove the existing residence & investigate redevelopment of the overall site, subject to relevant approvals.
What makes this property especially interesting is the position of the existing home on the corner site, leaving a substantial north-facing section of land available without necessarily requiring demolition to explore future development.
A nearby property on a similar 506sqm landholding, where the existing house occupied the centre of the site & offered less flexibility for retention, sold in May for $1,100,000.
Against our price guide in the mid $900,000s, this property offers a considerably lower entry point while retaining the possibility of investigating further development.
Buyers should make their own enquiries regarding the comparable sale & all subdivision or development potential.
4. MORE LAND WHERE IT COUNTS
At 473sqm, the landholding is another major point of difference.
Many competing properties offering similar accommodation within this price bracket sit on substantially smaller lots, commonly around 200sqm to 350sqm.
This property provides more than 25% additional land compared with a typical 350sqm holding & considerably more than many smaller lots now common in the area.
For a young family, that means something very different today:
A genuine backyard.
Room for children to play.
Space for pets.
An outdoor entertaining area.
Gardens.
Breathing room between you & the neighbours.
5. FRESH, MODERN & READY TO ENJOY
Inside, the open-plan living & dining area connects seamlessly with a sleek contemporary kitchen featuring stone benchtops, stainless-steel appliances & excellent storage.
Fresh finishes, modern fixtures & timber-look flooring create a bright, welcoming home that is easy to maintain & immediately comfortable.
Natural light is a standout feature throughout, giving the home a relaxed feel that will appeal to first-home buyers, couples, young families & investors.
6. THE BACKYARD YOU'LL ACTUALLY USE
The north-facing backyard is one of the home's strongest lifestyle features & is also the portion contributing to its potential future development appeal.
For now, it is simply a terrific outdoor space.
The covered patio extends the living area for entertaining, while the lawn & established hedging create a private & inviting environment for children, pets or anyone who values genuine outdoor space.
There is also covered parking for two vehicles, additional off-street parking & a secure garden shed.
With schools, parks, public transport, shopping & everyday amenities close by, this property works exceptionally well as a home today while giving its next owner options for tomorrow.
7. LIVE IN IT. RENT IT. GROW INTO IT. INVEST IN ITS FUTURE.
Properties offering a freshly updated home, 473sqm of land, corner positioning & genuine future-development potential at this price level are becoming increasingly difficult to replace.
For further information, call Cam Greig or Jenny Ritz on 0411 888 891.
