Large 820m2 allotment* - Develop 5 Townhouses (STCC)

Zoned: R - Residential4 - Suburban

All enquries, Please contact Paul Bateman directly on 0422 936 645

A fabulous opportunity for investors and developers to secure a valuable piece of land already containing 3 units. Proposed development plans have already been drawn up for 5 three-bedroom townhouses (STCC). Each current unit is currently on Peppercorn rent and period leases, giving you peace of mind as you plan for the future.

The possibilities are endless.

Proposed development contains 5 two story townhouses (STCC) each with open plan living, kitchen, and dining areas as well as a powder room, laundry, and rear courtyard/ alfresco areas on the ground floor.
The upper level contains the master bedroom with en suite bathroom, walk-in wardrobe and private balcony. Bedrooms two and three with wardrobes and serviced by the main bathroom.
Single garage with rear and internal access plus potential space for an extra car is available.

Situated on a large 820m2* allotment with an 18.9m* frontage and a 43.4m* depth.

The three units are already a great investment opportunity, However, with such a rapidly developing area and you may wish to explore the possibility of subdivision (subject to council consent). Currently zoned R - Residential4 - Suburban in the Campbelltown Council, similar allotments nearby have already achieved successful developments.

The current group comprises of three single story units built in approximately 1971. Each unit contains two bedrooms, a single bathroom and a single carport for off street parking.

Briefly:
• Zoned: R - Residential4 - Suburban
• large 820m2* allotment
• 18.9m* frontage
• 43.4m* depth
• Potential for subdivision and development (STCC)
• Three units all currently tenanted
• Close to local transport, shops and schools

Close to all required amenities including public transport, schools, shops and medical. Dernancourt Primary, Paradise Primary and Charles Campbell College are all quite reachable, with St Ignatius College, Thorndon Park Primary, St Francis of Assissi Primary School and Sunrise Christian School all in the local area. The River Torrens Linear Park is about 150m away at the end of the street, a great place for your daily exercise or for a family picnic. Centro Newton Shopping Centre is a spacious modern venue, close at hand for your weekly shopping trips.

Attention investors and developers, this opportunity is not to be missed.

Key: * = Approximately

32 George Street
Paradise