An exceptional property of 540sqm approx. with unrivalled potential to build a multi-unit development (STCA), or a perfect place to build your family home in this rapidly changing GRZ2 zoned locale. With the existing use offering a whopping 80% (approx) site coverage there is potential to push the envelope to new limits within this zoning (STCA).
A range of development options from apartments to townhouses or a single dwelling, shopfronts to commercial use are possible, and can be sold as vacant possession or with an existing operating business.
With flexible settlement terms and rear lane access via Tranmere Avenue, anything is possible to create the best use of this rare offering. Brilliantly located between Murrumbeena Village and the trendy Koornang Road eat-street, with easy walking distance to 2 train stations, a tram, Koornang Park and local schools.
Article Source : Nerida Conisbee – Chief Economist Trying to predict how many homes will sell in any given year is far more complicated than predicting prices. While price growth is often assumed to be the main driver of transactions, the relationship between the two is surprisingly weak. There are … Read more
Choosing the right real estate agent can be the difference between a smooth, successful transaction and a stressful experience. Whether you’re selling, buying, or leasing, the agent you choose should align with your goals, communication style, and expectations. With so many agents in the market, knowing what to look for … Read more