This rare R60 site comprising 787sqm has a wide 34 meter frontage facing north on a corner position that is opposite the popular Gairloch Reserve. This is the ideal site for subdivision into easy care blocks that all offer a street frontage and park outlook.
Subject to council approval, this R60 site could provide approximately 5 lots offering an average lot size of 150sqm, or fewer lots at a larger size. There is also likely an additional height bonus of 15m to the eaves and 17.5m overall height, subject to approvals. Within this riverside suburb, there is very strong demand for easy care, lock and leave blocks yet they are a very rare commodity, especially in a desirable location like this.
This convenient location is just a short 10 minute stroll to the popular Applecross Village café strip, riverfront foreshore, Applecross Primary School and public transport. Furthermore Macrae Road is now a very quiet street since it recently become a cul-de-sac at Gairloch Reserve.
The existing residence is a single level property that was built in 1986 and comprises four bedrooms and two bathrooms. The property is currently vacant and could provide some rental income while plans are being developed.
This is a very rare opportunity that we expect will be highly sought after by astute investors.
For further details please contact Renee Banovich on 0409 647 341.
