POTENTIAL DEVELOPMENT OPPORTUNITY LOCATION, LOCATION!!
This prime piece of real estate consists of two separately titled properties in a highly sought after location. The homes at 20 and 22 Wells Street are on 506m2 and 541m2 blocks respectively.
The properties are perfectly located near Ferry Road markets, TSS, Southport Park Shopping Centre, the Main River, Chevron Island and only a 15 minute walk to Surfers Paradise and the beach.
This offers an amazing opportunity for a developer or builder (Subject to Council Approval), alternatively a renovation will ensure real asset growth.
Overview of both properties:-
20 Wells Street * Four bedroom house, two bathrooms, double lock up garage and car port * Land size 506m2 approximately * Currently zoned low density residential * Currently tenanted at $1000 per week until 31/01/2025
22 Wells Street * Three bedroom house with single garage currently converted to an additional fourth bedroom , one bathroom, single car space * Land size 541m2 approximately * Currently zoned medium density residential * Currently tenanted at $710 per week until 3/12/2024
Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Inspections
No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.
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Contact Anthony Cherry to learn more about this property, request an inspection or take an online tour.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.