Ideally located on a flat 686m² corner allotment, 3 Sloan Avenue, Leongatha presents an exciting and rare opportunity for developers, investors and first home buyers alike. With council-approved plans already in place for a two-lot subdivision, the majority of preliminary works have been thoughtfully completed, making this a highly attractive prospect.
Approximately 90% of the subdivision process is already done, including surveying, sewerage and water connections, NBN applications, engineering, fencing and electricity connection with AusNet. All that's left to finalise is the drainage and crossover to the newly created lot at the rear (proposed 1B Bond Court), after which the subdivision can be formally endorsed by council.
The existing residence is a solid and comfortable home, featuring durable hardwood floors, a tiled roof and aluminium windows. Offering two separate living areas, it includes a generous main lounge plus a bright and open-plan kitchen, dining and living space. The recently renovated kitchen is a highlight, with brand new electric appliances, abundant storage and lovely natural light throughout.
Two bedrooms are provided, one with built-in robes, along with a practical family bathroom, corner shower, and separate toilet. The layout is comfortable and functional, providing an excellent foundation for further cosmetic updates and improvements if desired.
This unique property opens up numerous possibilities – live in or renovate the existing home while constructing a new residence on the rear allotment, subdivide and sell off the newly created block, or capitalise on your investment by selling both separately upon completion.
Opportunities of this calibre rarely come onto the market with so much of the groundwork already laid out. Move quickly to secure this exceptional investment and unlock its outstanding potential.
Looking to buy, sell or rent in South Gippsland? Get in touch with your expert team today and call Jack Gilchrist on 0411 181 577 or Jassy Batrouney on 0428 294 388 or pop into our office at 8/43-49 Little Commercial Street, Korumburra.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.
View more
View more
