For Sale
CLOSE TO HILLTOP – REBUILD OPPORTUNITY!
This is a nicely elevated block that would support a high-end new build with its aspect overlooking the neighbourhood. The rear garden faces North East and there is a wide exposure to natural light with so much Northerly frontage.
This corner location provides privacy and perhaps even an air of luxury, as it overlooks much of its surroundings. The outlook is leafy and peacefully suburban with a forest ridge in the distance.
This is a classic invitation to replace a modest house with something custom-built and capitalize on a significantly under-capitalized 622m2 block.
You can enjoy the forest side of this hilltop, protected from the freeway and surrounded by the best real estate on this side of Tarragindi.
The house is in a reasonable condition for those looking to occupy or hold and rent for a few years.
The house is likely to achieve up to $600 per week as a handy income while you put plans together, or decide to hold for a few years.
The local Insight:
There have been a couple of recent sales over $3m in this pocket. It is a pocket that was established many years ago as a location for grand homes. Streets like Cramer, Solna, Barnehurst and Isabella street contain some real heavyweights and was the first area of Tarragindi to transform its post war image. It is ripe for a new surge of rebuilds!
Price: $1,325,000
If you want to know more about this property contact us on 07 3848 0202.