A rare and rewarding development opportunity exists in Red Hill.
Positioned in a RZ2 core area on a 1000m2 block this property represents good value and will be highly sought after by developers, builders or the like. (DA approved plans for separate titled residences subject to meeting all conditions for EPSDD and entities have already been drawn up for a development on this site and are available on request.)
The existing residence is currently positioned in an established tree lined street and the property itself is a simple four-bedroom home, presented in largely original condition. It has a functional layout and has been extended to provide a second living space with the addition of a north facing family room offering a garden outlook.
The property is just a short walk to a range of schools and amenities including Red Hill Primary and Red Hill Shops and cafes.
This is the ideal opportunity to secure the perfect development block.
Features:
- Terry Ring & Associates DA approved plans for separately titled residences subject to meeting all conditions for EPSDD and entities
- Sited on a large block of over 1,000m2 in a RZ2 Suburban Core area
- Ideal development opportunity in a lovely tree lined street
- Original four-bedroom home in a sought-after Red Hill location
- Two living areas including a split-level family room with floor to ceiling glass
- Ducted gas heating
- Functional kitchen
- Four generous bedrooms with built in robes to two bedrooms
- Split system unit to the main bedroom
- Bathroom with a separate toilet
- Walk-in linen cupboard to the laundry
- Two large lockable rear storage areas to the rear garden
- Expansive rear garden backing greenbelt
- Location perfect only a short drive to the local schools, shops, Manuka and Canberra City