Attention developers! This is a rare and exciting opportunity to acquire a large 1893sqm property, already rezoned for development, offering exceptional potential for modern residential units. With approval for up to 50% coverage and the possibility to build up to 3 storeys in height, this site allows for the construction of up to 15 contemporary residential units, ideal for high-demand urban living.
The property comes with ample parking provision on-site, ensuring convenience for residents and guests. There is also a dedicated children's play area, adding value for family-oriented tenants. The building lines are set at 5m along the street boundary and 2m along other boundaries, ensuring compliance with regulations while maximizing buildable area.
Currently, the property hosts a spacious 4-bedroom, 3-bathroom house, which can be demolished or repurposed as part of the development process.
Located in a highly sought-after area, this property offers a prime location for modern living close to amenities, transport routes, and services.
Don't miss out on this exceptional development opportunity!