This expansive property boasts approximately 10,960 square meters of land, presenting a golden opportunity for residential subdivision and development. With potential for various configurations, this is a rare investment chance in a rapidly growing area.
Key Features:
* Residential Subdivision Potential:
Potential to subdivide into 19 separate lots ranging from 380 square meters to 450 square meters (subject to council approval).
Option to revive a lapsed Childcare Centre permit with a capacity for 76 children, which could lead to a 14-lot subdivision with lot sizes between 380 square meters and 450 square meters (subject to council approval).
Childcare Centre Potential:
* Opportunity to integrate the existing four-bedroom family home into the childcare center, potentially increasing capacity to 98 children.
Note: The Development Application (DA) for the childcare center lapsed in November 2018, but can be reinstated by reapplying, subject to costs and current building codes (subject to Council Approval).
Retirement/Seniors Living Scheme:
* Zoning permits potential development of a Retirement/Seniors Living scheme for up to 180 dwellings (subject to Council & Government Authority Approval).
Utilities:
* Accessible utilities include power, sewerage, and town water.
Located in convenient proximity to amenities:
* Tahmoor Railway Station: Approximately 1.8 kilometers away.
* Town Centre (Incl. Woolworths, Aldi, KFC, McDonald's, and Tahmoor Inn Hotel): Approximately 1.8 kilometers away.
This property is a versatile investment opportunity with significant potential for residential, childcare, or retirement living developments. Don't miss the chance to capitalize on this prime piece of real estate in Tahmoor.
Please note: Every care has been taken to verify the accuracy of the information contained in this document, but no warranty (either express or implied) is given by Raine & Horne or its agent, as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.