Presenting a prime residential sub-division opportunity for the astute purchaser, this elevated and uniquely positioned 1.5 hectare parcel of land is located in iconic Old Tewantin nestled at the end of a quiet street, only minutes from shops, schools and the Noosa River.
- Entirely fenced alleviating the need to deal with 10 neighbours, CCH hardwood to building regulations and council conditions. Front & rear entrances, both with double gates.
- Substantial well-maintained brick & tile residence already in place, located at the rear of the property and sitting on its own future block (no need to demolish) -- market value approx. $500,000. Featuring 4 bedrooms, 2 bathrooms, 2 big living areas, formal dining room, large kitchen, separate laundry, storage room, double lockup garage and wrap around verandahs.
- Approx. $20,000 worth of plant and equipment will stay with the property.
- Reside in the home surrounded by 4 lovely acres of land and enjoy the tax free capital gain which may occur with the property and therefore not subdivide immediately. The current owner has been here for 20 years and thus enjoyed these financial benefits.
- Alternatively this parcel of land is ripe for development and can be subdivided into 17 to 20 blocks of land.
This outstanding parcel of land provides an exceptional canvas to create an unparalleled residential sub-division and with the high demand for vacant land in Tewantin the opportunity is now given to the market and prospective purchasers/developers to seize the initiative.
Property Code: 741
Features
- Air Conditioning
