Presented to the market is a unique opportunity in the heart of some of the best properties that Springwood has to offer.
The property currently has a large five bedroom home on it that does need a a lot of work in order to be able to call it your dream home.
You could get it rentable though and you would probably need to spend about $5000 to $7000 on a coat of paint etc but it would rent out for around $550 pw
The current Zoning is Res2000 but you can try for an impact accessible multiple dwelling development application as there has been similar developments done in the near vicinity.
Features of the property
•4047m2 of Land
•Large 5 Bedroom Home
• Modern Dishwasher, Solar and multiple bathrooms
• Opportunity for Views and Bushland Backdrop
Whether you sit and wait to for the zoning to change or try and split it into 4-5 blocks now, I think there is money to be made with this property.