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Description: If you've been searching for the perfect opportunity to make your mark, this property is one you won't want to miss. Positioned on a generous 600.7sqm (approx.) block with an impressive 15.24m street frontage, this property presents an exciting opportunity for homeowners, investors and developers alike.
Ideally located in a convenient and growing pocket in the heart of Telopea, the existing home is neat and tidy, offering immediate living or rental potential while providing exciting future possibilities. Take advantage of the R3 Medium density Residential zoning and explore the potential to knock down and redevelop the site, with a building height allowance of 15 metres and a floor space ratio of 1.1:1 (subject to council approval).
Whether you're looking to move straight in, secure a quality investment or explore the development potential, the choice is yours!
Property Highlights:
- Generous 600.7sqm (approx.) high-side block Impressive 15.24m street frontage
- R3 Medium Density Residential zoning 15-metre building height allowance
- Floor space ratio of 1.1:1 Potential duplex development site (STCA)
- Three generous-sized bedrooms Separate living and dining areas
- Neat kitchen with appliances and ample storage
- Side access to carport
- Potential rental return of approximately $800 per week
Convenient Location:
- 290m to local bus services
- 350m to Telopea shops
- 600m to Sturt Park
- 750m to Telopea Light Rail Station
- 3.9km to Eastwood
- 5.7km to Parramatta CBD
With its generous land size, impressive frontage, development potential and convenient location, opportunities like this are becoming increasingly hard to find. We strongly recommend inspecting this property without delay to avoid disappointment!
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