Tradies needing a new home and a big shed, and developers with the foresight to recognise the possibilities this extensive real estate offers, would reap myriad rewards from their investment. This is a substantial holding consisting of a spick-and-span cottage occupying a front quarter of its 1981sqm block, the remainder a blank canvas for the owners to develop as they wish. With appropriate local authority and planning permissions, a tradesperson could build a new home and work shed, sited to maximise access according to use – or just build the shed and rent out the cottage. Other options – again, with permissions – include building multiple homes or developing the site into four lots. The land is cleared with good fencing to three sides and all utilities are ready. The cottage itself would make an ideal base for the owners during any construction project, or it could be rented out – either extended or just as it is. The cottage has been tastefully modernised and is beautifully presented, complies with granny flat regulations, with smart cladding, panel windows, an angled roof and a little front deck making a striking statement on the outside. The interior is just as impressive, with stylish décor, flooring, tiling and cabinetry. At the front is the air-conditioned lounge. This is open to the generous dining area and kitchen, with white cabinetry and gas cooking. At the back is the appealing bathroom with a walk-in shower, bath and double vanity, and next to this, the laundry with built-in cabinetry. Sliding glass doors open onto a big rear deck, a sheltered living space for relaxing or barbecues with friends, overlooking an area of lawn. One of the bedrooms is a double and the other a good-sized single, which is currently used as an office. For families, the newly upgraded Mt Lockyer Primary School is a short walk away, and NASHS and TAFE are a bike-ride up the highway. While the property has tradies or developers written all over it, ex-farmers or retired people recognising the potential of a home and investment within a few minutes of town would be equally as attracted to this well-priced estate.
What you need to know:
- 1981sqm land - Ideal for tradesperson, developer, ex-farmer - Space for homes, room for 120sqm shed ( based on COA policy ) - Use for Grouped Dwelling/ Granny Flat/ Auxiliary accommodation while constructing a home - With permissions, could be developed for multiple homes or into four lots - Stylish cottage in excellent condition – lounge, kitchen/dining, big rear deck, bathroom with bath and shower, two bedrooms, laundry - Fenced on three sides, utilities ready - Near newly upgraded Mt Lockyer Primary School - Few minutes to TAFE, NASHS, town - Council rates $1,687.23 - Water rates $1,463.12