Retain and build opportunity R25/R60 (1012sqm)

Glen Newland is proud to present one of the best development properties you will see in Forrestfield this year.

8 Cumberland Road comprises of a well maintained and updated 3 bedroom home on 1012sqm R25/R60 block. There is plenty of side access so you can get through to the backyard to build 1 or possibly 2 homes behind the current dwelling. Be sure to do your own due diligence and speak to your surveyor but this one looks like its got all the space required to retain and build 2 more.

The other huge bonus here is the current owners started doing the sub-division but a change of lifestyle and location meant they didn’t go through with it. They have however invested huge amounts into the headworks to make the sub-division less expensive for the lucky Buyer. Check out some of the works performed below.

• Extremely neat 3×1 home with 2 living spaces
• New paint, carpets, cooker, flooring
• Potential to demolish and build 4,5 or 6 new properties (STCA)
• Potential to retain and build 2 houses behind (STCA)
• Extremely clear and flat block
• Old septics and leach drains removed and now on mains sewer.
• Plenty of side access and no need to remove any of the current home for access
• Some subdivision requirements already met by the current owners (like underground power and sewer connection point, old asbestos shed removed and freestanding carport removed )
• 20 meter frontage and rectangle block
• Currently tenanted until December 2021 at $320pw

These properties are the hottest property in town right now so don’t delay your inspection or your sure to miss out.

Call Glen Newland for more details 0433 657 895

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants & purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the agent and are expressly excluded from any contract.

Property ID: 1193410