Adam Naumovski presents ....
17 Poynings Street, Westminster
Here is a rare and exciting development opportunity that astute buyers, builders and investors simply cannot afford to overlook. Set on an impressive 728sqm R40 zoned block in a well-established Westminster street, 17 Poynings Street offers outstanding flexibility for those looking to move in now, renovate, retain and build, landbank or develop in the future.
One of the standout features of this property is its amazing retain and build or triplex development potential (stsa). With no sewer line running through the property to restrict your options, the site provides an excellent foundation to maximise the available land and explore a range of future development possibilities, subject to all relevant approvals.
Move straight in and enjoy the home today while planning for tomorrow, renovate and improve the existing residence, retain the front home and develop at the rear, landbank for future growth, or explore a larger 3 unit redevelopment of the site. Whatever your strategy, the combination of a substantial 728sqm block and R40 zoning gives you plenty of options.
The existing solid brick three bedroom, one bathroom home offers a comfortable and functional layout, with air conditioning to all rooms making it ready to enjoy or lease immediately. This gives buyers the ability to secure the property now and take their time planning any future improvements or development without needing to rush into construction.
For investors and developers, the appeal is clear. Secure a sizeable R40 zoned parcel of land, generate income from the existing home, and hold for the future, or take advantage of the exceptional retain and build potential and unlock more value from the site.
Whether you are looking to move in and develop later, renovate and retain, build at the rear, landbank or pursue a full redevelopment, 17 Poynings Street offers the versatility to suit a wide range of buyers and strategies.
Centrally positioned in Westminster and close to local shopping, schools, parks, public transport and major arterial roads, the property offers excellent convenience for both current and future occupants.
Opportunities combining this much land, R40 zoning, an existing home and genuine retain and build potential are becoming increasingly difficult to find. Secure it today and create your own plan for the future.
Some fantastic features include:
• Large 728sqm block
• Zoned R40
• Amazing retain and build potential (STCA)
• No sewer line running through the property, helping maximise development potential
• Move in now and develop later
• Renovate, retain and build at the rear (STCA)
• Landbank for the future
• Explore full redevelopment potential (STCA)
• Existing solid brick 3 bedroom, 1 bathroom home
• Air conditioning to all rooms
• Functional existing home ready to occupy or lease
• Excellent opportunity for investors, developers, builders and owner occupiers
• Flexible options to renovate, retain, develop or hold
• Convenient Westminster location close to everyday amenities
• All development and subdivision potential subject to relevant council and planning approvals
DON'T MISS OUT CALL ADAM NAUMOVSKI ON 0424 364 326
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Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
