What you see: A smart investment today becomes a development opportunity tomorrow in this popular location What we see: Best of both worlds with dual rental income now and DA approved plans as soon as you're ready to build See more: Incredible opportunity DA approved plans for separately titled residences Alpine style 3-bedroom plus rumpus Clever & flexible footprint Generous master suite Sited on a great 777m² block RZ2 suburban core area For those eager to knock down & build the planning has all been done Popular established Farrer location Existing double brick, 5-bedroom dwelling presents endless possibilities Property is currently divided into two units, providing the possibility of instant income The existing home has generous living space Two separate family areas provide versatility & flexibility. Parquetry flooring Enclosed backyard with secure fencing Walk to local shops & reputable Farrer Primary School Short drive to Mawson shopping precinct or Woden Town Centre Easy access to public transport & major arterial roads Close proximity to nature reserves & parkland Residence 1 EER: 3.0 Living size: 110m² Carport size: 23m² Currently rented (periodic tenancy): $470 per week Residence 2 EER: 4.0 Living size: 74m² Carport size: 23m² Currently rented (periodic tenancy): $380 per week Built: 1971 Land size: 777m² Land value: $700,000 Rates: $995 per quarter Land Tax (if rented): $1,968 per quarter Disclaimer: The material and information contained within this marketing is for general information purposes only. HIVE Property does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries. By submitting an enquiry you are agreeing to opt in to further communication from HIVE Property PTY LTD in line with our Privacy Policy. A copy of our Privacy Policy can be found on our website.
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