• Prime development opportunity
• Develop, Landbank or Renovate
• First time on the market in over 40 years
• Mixed housing urban zoning
• Buy one or both sites
• 840sqm (approx.) 2 x sites = 1654sqmapprox.
• Central location, easy walk to Sylvia Park and transport links
Two neighbouring properties in the heart of Mt Wellington are vacant and ready to be developed, landbanked or renovated - buy one or buy them both.
Packed with potential for every house hunter, 161 Mount Wellington Highway comprises a flat, almost-rectangular site spanning some 840sqm (more or less) in Residential - Mixed Housing Urban Zone.
An existing 1950's weatherboard home with a floorplate of some 100sqm (more or less) is in good nick, with three bedrooms, 1 bathroom and a garage at the rear.
Positioned to maximise an east-facing aspect and plenty of natural sunshine, eateries, amenities, and the Panmure Basin are a short walk away, while key transport links in every direction make the location superbly accessible and ultra-convenient.
Preferable Residential - Mixed Housing Urban zoning permits greater density, and we expect developers will appreciate a prime opportunity to add value, with a workable, well-connected site as an ideal starting base.
This deceased estate is offered to the market at an excellent time for purchasers, though add-value opportunities of this class, in this neighbourhood, generate strong enquiry. Interested parties are welcome to get in touch for an information pack or visit us at our open homes this weekend.