Situated in arguably Noble Park's best central locations – a quiet street just moments from the heart of the town Centre – you will find this prized major development opportunity.
Comprising two existing homes on a combined site of 1971m2 (approx.) the opportunity exists for developers, home owners and investors alike to capitalize on this prized combined allotment.
Acquiring these homes provides a myriad of possibilities including:
1. For the serious developer fully develop the sites together to their maximum potential.
2. For the smaller developers with tighter financing constraints to handle a development of this magnitude, being on separate titles, the alternative is to develop them individually to reduce the capital outlay required for the construction on each titled site.
It is such a versatile investment opportunity comprising two homes on separate titles where you could lease one of both immediately (subject to some work minor works required to meet minimum standards) whilst you are obtaining planning permits.
3. For the pure investor why not lease and land bank, holding this most valuable land into the future and capitalizing on growth in years to come.
4. For the potential entrepreneurial family, the opportunity exists to live in one and lease one, or for the larger family, live in both collectively and once again use this opportunity to create wealth through land appreciation in years to come and taking advantage of the lifestyle offered in such a prime central location.
Whatever the option that suits you, one thing is for sure, and that is that an opportunity of this magnitude and flexibility in such a sought-after location does not come around often.
Be sure to take advantage of this. Call today for further information.
Terms: 10% deposit. Balance 30/60 days
DISCLAIMER:
The measurements provided of the land and / or property may not be 100% accurate. In order to satisfy yourself of the exact dimensions of the property / land / or of each room, we advise you to conduct your own measurements and / or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.
Remember to mention you found this property on DevelopmentReady
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