This incredibly rare offering presents a unique opportunity for buyers in our lucrative lifestyle market.
Potential to subdivide the 2 dwellings/improvements off and retain the third 2ha (4.9ac) to build STCA.
It's all permitted under its RU4 Rural Small Holdings zoning which carries a minimum land area of 2ha.
Notably, both properties have fresh water storage tanks and House 2 has a windmill bores & dam.
Its total land area is approx. 15.72 acres in one exiting parcel with NO proposed plan of subdivision
House 1 - 4207 Murringo Road
Small, 1 bedroom 1 bathroom fibro cottage on the corner of Murringo & Telegraph Roads
Sale subject to existing tenancy currently - new 12 month lease returning $220pw expiring 15/12/2024
Very basic investment, that's always enjoyed low vacancy with carport & garden shed.
House 2 - 151 Telegraph Road
Deceptive 3 bedroom, 2 bathroom predominantly brick home with potential to renovate & improve. Suprising inside and presents well considering its long rental history. New 6 month lease in place at $460pw expiring 19/04/2024. Unsealed road frontage and access off Telegraph Road at the rear of the property. Improvments include detached laundry outer building, single garage and sunstantial old, but good shedding.
Land banked for more than 23 years, its owner has decided to divest and make it seriously attractive.
Astute property investors this is a 'no brainer', so be quick to seize this opportunity to captitalise!
Please Note: Whilst all care has been taken by Ray White Young to ensure accuracy in preparation of the particulars herein, no warranty or representation, express or implied, as to the accuracy or completeness of the particulars provided is made or given by us and interested parties must therefore rely on their own enquiries. Liability for any error, omission, negligence or misrepresentation is hereby excluded.
