Calling all developers, land bankers and investors! When opportunity knocks, winners are always ready to grab it.
LOCATION
In the centre of Sunnyhills and Farm Cove, with bus stop at doorstep and in short walking distance to the beach and Rotary Walkway, Farm Cove Intermediate and Wakaaranga Primary School, this great property sits in a premium location appealing to all developers, land bankers and investors.
FOR DEVELOPERS
A picture is worth more than a thousand words. Please refer to the aerial map and pictures. With both waste and storm waters perfectly positioned within the 814m2 flat section, you will be amazed at how easy and cost-effective the earthworks would be when developing. New homes in sought after Sunnyhills and Farm Cove areas are rare, they sell quickly and at great prices. However, it is highly suggested that purchaser do your own due diligence for any of future development before purchase as Watercare has already warned all over eastern suburb has water constraints,
FOR LAND BANKERS OR INVESTORS
This solid has 3 double bedrooms and a 20m2 rumpus which can be used as the 4th bedroom, 2 bathroom (incl ensuite), a spacious family room and huge separate lounge, vendor has upgraded it to a very comfortable living condition, e.g. new carpet so it’s hassle free for new owners to find tenants and collect the rent. While enjoying the great cash flow, you are also quietly benefitting from the huge potential of capital gain and land banking like other properties in this area. General stats show the house price in some areas like this doubles every ten years, so be the next lucky owner in the years to come.
The market is changing, so is our vendor’s circumstance. Act now before the market becomes too hot next year and you end up paying more. Call us now to book a private viewing or discuss your options.
The following email is the reply from Watercare, original email is available at request.
“Dear Applicant,
Thank you for your inquiry regarding water and wastewater supply network capacity.
Watercare has undertaken a review for this development at 116 Glenmore Road Sunnyhills (8 DUEs). Based on the data available and the information provided at this stage, we can advise the following:
Water & Wastewater supply:
At this time of review, there is sufficient capacity in the transmission water & Wastewater network to accommodate the proposed development.
This may be subject to change in the future.”
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