Development Opportunity - Split the block or build up to 5 townhouses

Opportunity rings at 7 Loparo Court, with an equipped granny flat downstairs that could be rented out separately, used as a business premise or a huge teenage rumpus, this will appeal to lots of people, for lots of different reasons. <br/><br/>Downstairs is totally seperate from upstairs with a front door for business access and a rear door for private access, depending on how you'd like to use the space, it will cater for many different requirements.<br/><br/>Sitting on a huge 1/4 acre block totalling 1,034sqm, the current owner has made extensive enquiries with a local town planner & they have given indications that the property could be repurposed into either of the following options, subject to council approval:<br/><br/><br/>Option 1: (STCA)<br/>A boundary realignment between the shed & the house, creating 2 x blocks of land of 340sqm & 694sqm<br/><br/><br/>Option 2: (STCA)<br/>Demolish house/shed, level the entire block & build up to 5 townhouses<br/><br/>Note: Either option will require further due diligence, town planning submissions & council approval. These options are indicative only.<br/><br/><br/>The residence has impressive curb appeal, commanding your attention as you pull into the private cul-de-sac. Centre stage is a two storey colonial themed residence built in 1992, in addition is an oversized detached two bay shed with 3m high clearance, that has space for up to four cars, complete with power and lighting, perfect for storing the toys and tinkering on your Sunday driver.<br/><br/>Elevated up on the hill, at the end of the cul-de-sac, you'll be glad that you inspected this multi-purpose residence that can be used so many different ways. Committed sellers, this property will be sold on or before Saturday 13th August at 10am.<br/><br/><br/><br/>Key property features:<br/><br/>Development potential: Boundary realignment OR build up to 5 townhouses (STCA)<br/>Elevated block, capturing beautiful easterly breezes all day long<br/>• Building & Pest reports available upon request<br/>• Detached shed with 2 roller doors & 3m heigh clearance; space for 4 cars<br/>• Seperate multipurpose space downstairs: Business, office, rumpus, games room<br/>• Rental appraisal as a whole: $700 - $730 p/week<br/>• Downstairs has it's own private front & rear access<br/>• Peaceful cul-de-sac, 7 minute walk to Nambour General Hospital<br/>• Ducted air conditioning upstairs & split system in master bedroom<br/>• Colonial themed, constructed in 1992<br/>• Block size: 1,034sqm (1/4 acre+)<br/>• Timber decks on the front & rear of the property <br/>• North-Easterly aspect, sitting high & proud