A rare opportunity combining TWO EXISTING HOMES, A SUBSTANTIAL APPROX. 1,143M² ALLOTMENT, MULTIPLE STREET ACCESS POINTS and outstanding future potential – all within approximately 200 metres of Rosebud's foreshore and 75 metres of the Point Nepean Road shopping precinct.
Currently comprising TWO SEPARATE 2-BEDROOM, 1-BATHROOM HOMES, the property offers buyers the flexibility to retain and potentially generate income from the existing residences while considering the longer-term possibilities for this exceptionally well-positioned site.
Importantly, the property's two street frontages plus service lane access may provide excellent flexibility for a future residential development.
Subject to Council approval, buyers may wish to investigate a range of possibilities including:
• Subdivision to create TWO SEPARATE PROPERTIES, potentially allowing each to benefit from its own street access
• Development of MULTIPLE UNITS OR TOWNHOUSES
• Retaining one or both existing homes while investigating future subdivision or redevelopment options
• Utilising the EXISTING PLANNING PERMIT FOR A CHILDCARE CENTRE for up to 128 children
PROPERTY HIGHLIGHTS
• Substantial approx. 1,143m² allotment
• TWO EXISTING 2-BEDROOM, 1-BATHROOM HOMES
• Two street frontages plus service lane access
• Potential for each in future subdivided property to have its own street access (STCA)
• Excellent potential for units or townhouse development (STCA)
• Opportunity to retain the existing homes while planning for the future
• Existing planning permit for a double-storey childcare centre for up to 128 children with basement parking
• Approximately 75m to the Point Nepean Road shopping precinct
• Approximately 200m to Rosebud foreshore
• Approximately 230m to Rosebud Primary School
• Close to Rosebud Plaza, public transport and Peninsula Link
Rather than being limited to one development concept, 1 Wilson Street offers the flexibility to consider how best to utilise a substantial parcel of land in an exceptionally central Rosebud location.
Whether the preference is to retain the two existing homes, investigate a two-lot subdivision, explore a unit or townhouse development, or take advantage of the existing childcare approval, the combination of LAND, LOCATION AND MULTIPLE ACCESS POINTS creates a fantstic opportunity.
ALL DEVELOPMENT AND SUBDIVISION OPTIONS ARE SUBJECT TO COUNCIL APPROVAL (STCA), OTHER THAN THE EXISTING APPROVED CHILDCARE PERMIT.
INSPECTIONS BY APPOINTMENT
Please note: The interior and exterior photographs of the existing dwellings are not current and are provided for illustrative purposes only. The presentation and condition of the properties may have changed, including some cosmetic deterioration since the photographs were taken.
Disclaimer:
*The information contained herein has been prepared in good faith and is believed to be accurate at the time of publication. However, no representation or warranty is made as to its accuracy, completeness or reliability, and no responsibility is accepted for any errors, omissions or inaccuracies. Prospective purchasers are advised to make their own enquiries and undertake independent due diligence to satisfy themselves as to all relevant details, including dimensions, measurements, building size, floor plans, land details and zoning.
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