Situated in Forest Hills, the closest lifestyle precinct to Tamworth's CBD, this 10.8 acre parcel, with existing house, is primed for future subdivision.
With dual street frontage and services nearby, the stage is set for a neat development opportunity on Tamworth's doorstep.
- 10.8 acre (4.38 Ha approx) potential subdivision site with existing 4 bedroom, 2 bathroom brick home (Circa 1970's).
- Featuring a mix of zoning types including approx 5.4 acres of R2 Zoning which caters for 4000m2 lots with frontage to Biloba Way (sealed).
- The balance of the land is zoned RU6 and includes the existing house, fronting Forest Road.
-Town services close by (water, sewer, gas, power, NBN.)
In recent times 4000m2 blocks have sold for up to $465,000 offering outstanding revenue potential.
Options for this property include creating a subdivision and selling off the existing house following a cosmetic renovation, or, as an alternative, purchase the property and spoil yourself with a generous 5 acres block off Biloba Way to build a beautiful home for your family.
Subdivision is subject to Council Approval.
Please contact the agent for further information.
