3 Memory Avenue, Crookwell NSW 2583

Prime Location with Immense Potential

Discover an unparalleled investment opportunity in a rapidly growing area! This exceptional 5 acre property offers subdivision potential with a proposed plan for 22 generously sized lots ranging from 800m2 to 2000m2. Nestled in an elevated position, this land boasts minimal development costs and is surrounded by other new properties and subdivision developments, making it a prime location for investors and home buyers alike.

Currently, the property features a spacious 4-bedroom, 2-bathroom transportable home, perfect for immediate rental income or comfortable living while you plan your development. The home is equipped with a cozy wood fire and a reverse cycle split system to ensure year-round comfort. Additionally, it includes a 3-car garage and an extra carport, providing ample storage and parking space.

The existing home is estimated to rent for approximately $450-$480 per week, offering a steady income stream while you navigate the subdivision process. This makes it an ideal choice for investors looking for a property with both immediate and long-term returns.

Investment Highlights

· Expansive 5 acre parcel

· Proposed 22 lots ranging from 800m2 to 2000m2.

· Blocks are estimated to retail between $275,000 and $350,000.

· Close to other new properties and subdivision developments.

· 4 bedrooms, 2 bathrooms, wood fire, reverse cycle split system.

· 3-car garage and additional carport.

· Potential rental income of $450-$480 per week.

· Elevated position with cost-effective development opportunities.

Perfect for Investors and Home Buyers

Whether you are an investor looking to capitalise on a booming market or a home buyer seeking a property with more space and future growth potential, this listing is an exceptional opportunity. The combination of subdivision potential, attractive rental income, and prime location makes this property a standout choice.

Don't miss out on this unique chance to secure a valuable asset in a thriving community. Contact us today to arrange a viewing and explore the endless possibilities this property has to offer!

*Please be advised that this is a proposed subdivision plan