Two Titles, One Huge Opportunity

The dimensions of this awesome allotment, measuring in excess of 3,200sqm (over 3/4 of an acre), are arranged over two titles. It is strategically located in a pocket of Invermay where the appeal of the period homes is matched by the attraction of suitability for commercial activity. <br/><br/>This rewarding property and its classic Federation era residence, originally built c1908 for Captain Panton, illustrate the point perfectly. <br/><br/>The three bedroom brick home, which is ready for renovation is accompanied by land that, although zoned General Residential, offers the advantage of Existing Use rights relevant for trailer hire/transport depot/manufacturing purposes (STCA). The option to occupy a home that you've renovated to your own taste and to pursue business success of your own preference all on the same site is entirely enticing. <br/><br/>Multi unit re-development scope can also be considered (STCA), free from planning scheme requirements for double storey construction due to the site's elevated setting – a significant asset.<br/><br/>Alternatively, undertake a landscaping project to enhance the home and enjoy what may well be the biggest back garden in Invermay!<br/><br/>The location is defined by its proximity to Invermay Primary School, the Star Theatre, Swamp Café, Manu Bakery, the Inveresk UTAS campus and UTAS stadium.