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Discover an exceptional investment opportunity with this prime development site located at 27-29 Spruhan Ave in Norlane. Spanning a generous 1,664 m?, this property comes with approved plans for 8 townhouses, making it an ideal choice for developers seeking to meet the growing demand for modern living spaces in the area.
Both properties are currently rented out, providing immediate cash flow while you prepare for development. This ensures you can start your investment journey with a solid foundation, allowing for a seamless transition from rental income to development.
The location is key, with the property situated close to a range of amenities, including schools, parks, public transport, and shopping centers. This convenience makes it an attractive option for future residents, enhancing its appeal and potential resale value.
With two separate titles, you have the flexibility to explore various investment strategies, whether you choose to develop both properties simultaneously or at different stages. Don?t miss out on this unique opportunity to invest in a thriving community with significant growth potential.
Key Features
Development Approved: Plans for 8 townhouses in place.
Spacious Block: 1,664 m? lot size.
Dual Titles: Two separate titles for flexible investment options.
Current Rental Income: Both properties rented out for immediate cash flow.
Prime Location: Close to schools, parks, public transport, and shopping centers.
सड़क का पता | दूरी | शयनकक्ष संख्या | स्नानघर संख्या | निर्माण क्षेत्र | बिक्री तिथि और समय | बेची गई कीमत | डेटा स्रोत | |
|---|---|---|---|---|---|---|---|---|
 | 0.37 km | 2 | 1 | -m2 | 2024 वर्ष 12 माह 10 दिन | - | Council approved | |
 | 0.48 km | 3 | 2 | -m2 | 2024 वर्ष 10 माह 31 दिन | $520,000 | Council approved | |
 | 0.60 km | 8 | 4 | -m2 | 2024 वर्ष 08 माह 23 दिन | $780,000 | Council approved | |
 | 0.58 km | 3 | 2 | -m2 | 2024 वर्ष 07 माह 11 दिन | $463,500 | Council approved | |
 | 0.51 km | 3 | 1 | -m2 | 2024 वर्ष 07 माह 09 दिन | - | Council approved |