Elders Bankstown are proud to offer this raw development site in the heart of the ever growing suburb of Villawood. The site presents exceptional potential with a total area of approximately 2409sqm and a street frontage of 36.6m. This exclusive opportunity provides a FSR of 2:1, 20m build height and all the benefits of R4 High Density Residential zoning. The site consists of three houses all currently tenanted providing a combined annual income of $85,800. Build, move in or maintain, this is a rare opportunity to acquire one of the few available raw sites in close proximity to local shopping, rail, schooling, parks and transportation amenities. Rest assured a chance like this doesn't present itself often.
Key Features:
- Total area approx 2409sqm
- 3 tenanted properties totalling a $85,800 annual return
- FSR of 2:1
- Located only minutes walk to train station
- Raw site, your own blank canvas
- Capitalise on a booming property market
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