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Sold

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$1,560,000

  • 0 Bed
  • 0 Bath
  • 0 Car
  • 711m²

Land Sold on Tue 21 Sep, 2021

Land description

“711sqm Block with approx 25m Street Frontage”

Located in the Terraces of St Lucia, presents as an opportunity with different angles abounding. This art-deco, post-war home is well positioned on a large 711 sqm block with approx 25 x 29m dimensions in a foremost educational precinct.

Inspections available via mid-week private appointment with information pack also available.

It's only a short, less than 200m walk to the shops, another couple of hundred metres further to ironside state school and plenty of tree lined streets surround to walk your puppy or enjoy the scenery St Lucia has to offer. This is a great investment or could be a great upsizing or even double down sizing option.

The block slopes to the rear with a stormwater pipe accessible through the adjoining rear property (with negotiation this connection is available). Options include keeping the house as 3 individual units and reaping the rental returns and strong capital growth that a top-tier suburb commands (currently combining for just over $1,000/wk rent). Then you may choose to knockdown and re-build an expansive home on the large block, this would then tie in with the exceptional neighbouring properties in the street and surrounding. Or you may choose to add multiple dwellings on the site and use the potential to capitalise now.

Properties like this so rarely become available so call for further information today.

Land details

Area: 711m²
Frontage: 25m²

What’s around this property

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Lauren Stuchbury

Couture Realty

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Lauren Stuchbury

Couture Realty

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  • 711m²

Lauren Stuchbury

Couture Realty