R4 Zoned Property With 20m Frontage

BOS proudly present this exceptionally rare offering featuring an R4 zoned investment property with a wide 20m street frontage.<br/>Consisting of 639m2 of land the property is zoned for construction of high rise apartments, granny flat potential or sub-division into two lots stca.<br/>Presenting exceptionally rare zoning benefits, the site permits construction up to 21 metres in height with a 1.5 floor to space ratio.<br/>Ideal for the astute investor the house is currently leased to a long term tenant for $450 per week.<br/>The site features a spacious three bedroom home with separate living & dining areas with a detached lock up garage.<br/> <br/>The property features:<br/>-Total Land Size: 631m2 with an 20m frontage & 3m side access<br/>-Three bedroom house with detached garage<br/>-Zoning: R4 High density<br/>-FSR: 1.5<br/>-Building Height: 21 metres<br/>-Potential rental income: $450 pw<br/>-Development potential: Highrise apartments, granny flat, sub-division stca<br/> <br/>Open for inspection: Saturday's 10:00am-10:30am<br/>Auction: Onsite Saturday 26.08.23 at 2:00pm<br/>Dean BOS: 0474 747 474<br/> <br/>*The information provided by Bos Realty is made with reasonable effort to ensure the accuracy of the information provide, however we give no guarantees and take no liability for the information provided. All interested parties are required to rely on their own independent enquires and due diligence to all information related to the property*<br/>