Comprising of approximately 767m2 on MacArthur Avenue, and affording several options to the new owners; Do you move in, and start living in O'Connor in the New Year? Apply to develop as is? Rent out the home? Or would you wait until the current review has taken place, and the possibility of being RZ4?
An exceptional opportunity for a developer or investor who recognizes the growth potential if the current review gives the go ahead for this location to return to RZ4 which would allow a 3 storey development with a 0.8 plot ratio.
Our owners are selling in 2 weeks time (15th Dec), and the time to act on this one is now, this is a great opportunity to own a piece of prime O'Connor real estate. Centrally located three bedroom red brick home with garage conversion that will offer great rental returns while the review is underway.
Equidistant with both Northbourne Ave and the O'Connor oval bike path this inner north hot spot has it all, with the potential for fantastic capital growth and immediate rental returns, this home has to be considered by all who desire both that inner north location, and the lifestyle that it offers.
* Three Bed Home
*...show more
Lot/Plan No: CANB/OCON/79/26/