Auction time

15th Oct

Thursday

3:30 PM

What's around 220W Hill St

3.3 Hectares of Development Potential

Positioned on approximately 3.3 hectares (8.15 acres) in Walcha, 220W Hill Street presents a substantial landholding with an appealing combination of existing improvements, rental income and future potential. With R1 General Residential zoning and a 700m² minimum lot size, the property presents an opportunity for developers and investors to explore its future potential, subject to council approval. The substantial landholding provides scope for a range of possibilities, making this a property worthy of close consideration. The existing property comprises a three-bedroom, one-bathroom residence together with a separate studio featuring its own bathroom and entry. The residence offers generous living spaces, a well-appointed kitchen, reverse-cycle air conditioning, a cosy wood fire and a fully enclosed covered deck. The separate studio adds valuable flexibility and could suit a range of uses. Outside, the property provides extensive garaging and storage, including a large shed, offering plenty of space for vehicles, machinery, hobbies and additional storage. The residence is currently tenanted, providing an existing income stream while the property's longer-term potential is considered. Property Highlights • Approximately 3.3 hectares / 8.15 acres • R1 General Residential zoning • Three-bedroom, one-bathroom residence • Separate studio with own bathroom and entry • Currently tenanted • Spacious living areas • Well-appointed kitchen • Reverse-cycle air conditioning • Wood-fire heating • Fully enclosed covered deck • Large shed • Extensive garaging and storage • Significant development potential, STCA