$ 480.00
34 Peel Street Belmore NSW 2192
Offering an excellent opportunity for builders, developers and investors, this property is earmarked for medium rise housing as part of the Sydenham to Bankstown Corridor Strategy. Situated on 3 lots across 556m2 with R4 High Density Residential zoning, this property presents multiple opportunities for development.
Currently DA Approved for a substantial two-storey home, 7 bedrooms and multiple bathrooms, it provides the opportunity for future cash flow or potential duplex development (S.T.C.A).
Suitable for home buyers who want future capital value, this period style cottage is set in a tightly held and desirable location only minutes to Belmore Shopping Village, cafes, Belmore Station, local schools and only 14km from Sydney CBD.
Features include:
- 3 generous size bedrooms with built-ins
- Spacious lounge with fireplace and reverse cycle air-conditioner
- Updated eat-in kitchen with the latest appliances
- High ceilings and glossy polished timber floorboards
- Neat bathroom with separate bathtub
- Separate external laundry and storage
- Wide driveway with carport and access to spacious backyard
- Currently leased for $480 per week on an expired lease
This is a rare opportunity to capitalise on future growth in the thriving suburb of Belmore.
