House for sale
2 Percy Street,
5 2 2
$1,270,000 - $1,330,000
Development Opportunity in IngleburnRare Development Opportunity in Ingleburn's HeartPositioned on a
large and level 1429sqm parcel, just a few minutes stroll from
Ingleburn Station and the eagerly awaited Ingleburn mall, this
original home is a prime candidate for redevelopment.
Though liveable and has been rented, the property's true value lies
in its rezoning and knockdown/rebuild potential in being earmarked for
higher density residential. it could be leased now for rental return
while architectural plans are designed for the future.
In nearby suburbs 250 sqm blocks are selling for 450k, it's a no
brainer as you could divide this block in four 300sqm blocks and sell
it as is to make a profit (STCA).
For the builder or developer you can build 4 town houses.
Recent sale for brand new 4 bed townhouses in the area have been
between 770k - 790k.
Do your maths to see the amount of money you can make!
- 15 minutes walk to Ingleburn Station
- 3 minutes walk to Sackville High
- 6 minutes walk to Ingleburn High
- 1 minute walk to Ingleburn RSL
- 5 minutes drive to M5
Inspections by appointment only.
For more information please contact Ozair Turabi on 0410 321 786 or Kris Menon 0402 879 531.
Last updated: 10:40AM on Mar 19th 2018