Discover a remarkable investment opportunity with these two prime side-by-side properties available for sale as a circa 1,790m2 development site. Strategically located in the growing suburb of Birmingham Gardens, this site offers immense potential for developers looking to capitalize on the increasing demand for quality housing. Currently featuring concept plans for a Development Application (DA) of 10 townhouses, each with design proposal of three bedrooms, two bathrooms, and a single lock-up garage. Additionally, the back two townhouses include the living space on the upper floor with the Master Bedroom next to the large open plan living space with elevated views. One of the standout benefits of this location is its proximity to key infrastructure. The properties are just minutes away from Jesmond Central Shopping Centre, offering a variety of retail and dining options, making daily errands convenient for future residents. Furthermore, Callaghan University is in close proximity, ensuring a steady demand for rental properties from students and staff alike. With the current tenants in place, you can enjoy immediate rental income, helping to minimize holding costs while you finalize your development plans. Importantly, the properties offer flexibility for design changes, allowing you to tailor the project to suit market preferences and maximize return on investment if needed for submission. Don't miss this unique opportunity to shape the future of Birmingham Gardens. Contact us today to learn more about this exciting development prospect! Disclaimer: All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.
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Property ID: 146229360