Semi-rural Acreage for sale
192 Racecourse Ave,
Menangle Park, NSW
6 3 4
Expressions of Interest
Pristine Land!This 10,100m2 block offers a fruitful opportunity for the savvy developer to be able to buy and reap the benefits in the very near future!
It is within walking distance to the local shop, Club Menangle Race Track and the proposed upgraded train station. Perfectly located 800m from an established day care centre, less than 10 minutes' drive to Macarthur Square, University and less than a 15 minute drive to Camden. Future conveniences proposed are the extension of the electrified train to Menangle Park, future town centre as well as entry/exit onto the freeway via Glenlee Road making the city and the airport even closer as you will be able to bypass Campbelltown and Macarthur altogether.
More impressive is the fact that this land is featured in the draft master plan and will fit within the 'standard lot' meaning a minimum of 420m2 per land allotment, currently being reviewed.
The property includes an owner occupied double brick home with 3 bedrooms, 2 bathrooms, high ceilings and a large kitchen and spacious living areas. It also has a separate teenage retreat or in-law accommodation which means there are a total of 4 bedrooms under the main roof.
It also features a fully self-contained granny flat with 2 bedrooms, a large lounge, well-appointed main bathroom and a large tandem garage. This granny flat has been tenanted for the last 10 years by the same tenant and is obviously hoping to stay on until the property is ready to be developed. It is currently tenanted for $1410 per month.
This land is pristine and very gently slopes towards the road and really is as good a block as you will find in this exciting emerging growth centre. This is a superb opportunity to secure your financial freedom with an already tenanted rural property with subdivision potential, located in the heart of the redevelopment master plan for Menangle Park.
Last updated: 01:39PM on Jan 18th 2018