This almost 25 acre on 3 separate titles is ripe for development. Zoned "URBAN", the possibilities for a developer are many. The Mundaring Shire has identified this land as a potential site for a retirement/aged care facility, however, an astute entrepreneur may find other uses. Possible R12.5 subdivision into 90 residential lots - worth checking with the local authority.
Holding income from 2 houses one is a 4x2 and the other a 3x1 potentially collecting $1,300.00 per week gross.
One feasibility has shown a potential profit of $5mil over 3 years.
Please call for more information.
This property at 10 Cole Road, Sawyers Valley is a six bedroom, one bathroom house listed for sale by Dom Italiano at Magnet Realty Pty Ltd.
For more information about Sawyers Valley, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Sawyers Valley profile page.
If you would like to get in touch with Dom Italiano regarding 10 Cole Road, Sawyers Valley, please call 0419 045 591 or contact the agent via email.
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