Semi-rural Acreage for sale
82 Macarthy Road,
4 2 0
OFFERS BEYOND $1.25M
DA APPROVED MARSDEN - Develop or Hold the LandThe expensive and time consuming DA approval for this 6,475m2 block is done! You can develop immediately or hold onto this property for years knowing that the value of Marsden land is on a strong incline. The DA approval allows:
6 x units (front part of the property)
3 x houses (on the back part)
1 x duplex
Plus the existing 4 bedroom, 2 bathroom home.
DA code: com66 / 2008 (this will give you all the info about the DA approval)
New Townhouses in Marsden average $330,000 - $350,000
New Houses in Marsden are from $450,000 - $520,000
Imagine the rental return from all these properties. There is 2 street access - Macarthy & Sanur st. The school catchment has Marsden State High School (2km away) and Burrowes State School (400m away). Public transport is on the same road just 200m away.
Bus stops 550 (200m away), 551 (300m away) and 545 (500m away).
As an investor these are all very important factors.
Have you got a group of friends that want to invest and make some money? You don't even need a great deal of knowledge here as the DA part has been done. Have a look on realestate.com at the prices in Marsden. Get a quote from a builder - do the maths. This is a great project to get started as a developer without all the council headaches of a DA approval.
The existing home has 4 bedrooms and 2 bathrooms. There is a massive formal lounge room with a built-in bar. A second large dining room including a fireplace! Further to this is a double lock up garage, single carport and large man shed. There's even a pool.
Existing property features:
2 car lock up garage
9 x 6 shed
You might live in the main home while you develop the rest of the land. Or rent it out to contribute to the running costs while the project is underway. The property is currently tenanted and managed by an excellent rental manager.
If you are interested in this property please call me on 0424 730 828 or email at email@example.com. You can drive past this property and see the potential. For serious buyer private inspection can be arranged.
Last updated: 06:34PM on Oct 16th 2017