Blue Chip Location - Massive Development Upside Potential

7/5 Lachlan Avenue, Macquarie Park, 2113

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795,000 AUDEst. Mortgage: AUD 5,586/monthFor Sale
  • Ownership Type Apartment
  • Property Area 0 sqft
  • Bedrooms 2
  • Bathrooms 1
  • Furnished No
  • Last Updated 3rd Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 1

Property Overview

Set in the Macquarie Park Activation Precinct, this potential packed 2 bedroom apartment offers an exciting and rare opportunity to capitalise on future development potential with genuine scope for substantial returns. Recently rezoned B4 Mixed-use with a Floor Space Ratio of 4:1 and a 45m height limit allowing high rise apartments, the area has had some incredible sales to developers buying up complexes and paying well above market valuations, and in some cases nearly double normal apartment prices. An ideal investment for growth or even a perfect first home while you wait for the possible resale.

Featuring 2 bedrooms both with built-ins, internal laundry, 2 balconies and a lock-up garage. Just a short stroll to Macquarie Shopping Centre, Macquarie University and Station, Macquarie Hospital, City Buses, local restaurants and cafes. Opportunities like this rarely come available.

* 2 bedroom ground floor apartment with built-ins in both bedrooms
* Lock up garage and internal laundry
* 2 balconies off the living room and main bedroom
* Quiet street, security complex of only 12 apartments
* Loads of potential to improve further

Location on Google Map

7/5 Lachlan Avenue, Macquarie Park, 2113

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