Introducing an exceptional development opportunity at 28b William Street, Teralba, This prime real estate offering presents a substantial parcel of land with a 21 meter frontage and 20 meters at the back offering a huge 1,246 square metres, zoned R3 for medium density residential development. It is an ideal prospect for developers with a vision to create a stunning townhouse complex in the heart of Teralba.
Currently occupying the site is a spacious three-bedroom, one-bathroom house that offers a tantalising glimpse into the potential that this property holds. Boasting six parking spaces, this home serves as a valuable proposition for both short-term rental income and long-term strategic planning.
Just a stone's throw from the vibrant Teralba Bowling Club, the property promises a lifestyle of convenience and community engagement. Local shops and cafes are merely seconds away, ensuring future residents will enjoy the perfect blend of suburban tranquility and urban accessibility.
Developers will appreciate the R3 zoning, which allows for medium-density residential buildings, paving the way for a sophisticated townhouse development that can capitalise on the growing demand for housing in the region. This is an unmissable chance to leave a mark on Teralba's landscape, transforming this substantial plot into a residential haven.
Do not miss out on this rare opportunity to create a legacy project in Teralba, where development potential meets an idyllic location. Contact us to discover how 28b William Street can become the cornerstone of your development portfolio.
Disclaimer:
All information contained in this listing is provided to Global Property by the third parties, and is intended as a guide only. No warranty is given as to it's accuracy and purchasers should rely on their own inquiries.