Raine & Horne St Martins | Somerfield
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44 Hastings Street West, Sydenham
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Sold
RMD Zoned 716sqm (approx) Freehold, Blue-Chip Location
Located just a 3-minute (approx) walk from Sydenham Park and 6 (approx) minutes to The Colombo you would be hard pressed to find a location more suitable for inner city buyers than this town house hot spot!
This is a larger Residential Medium Density Zoned site with the zone providing for townhouses, terraced housing, apartment buildings and encourages comprehensive development of multiple adjacent sites in this location.
The house has had its EQC repairs completed and signed off many years back and offers a larger floor plan of 130sqm (approx) with three double bedrooms, good sized living and has ample off street parking and double garaging.
The land area is very well proportioned for building with ease, It creates the opportunity for a seasoned developer to take advantage of the pricing this location can achieve when selling a quality product.
Once again, Location is everything and this property offers a reliable site for a good project with little or no risk as new property owners are always looking in this location for new homes with an urban feel. Build straight away or land bank the choice is going to be a good one either way.
Auction from 12pm Wednesday 22nd February 2023
Peter Warren
Franchise Owner & Licensed Salesperson
Jo Warren
Franchise Owner & Licensed Salesperson
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L31177514
- Property Type:House
- Building / Floor Area:130 sqm
- Garages:2
- Open Parking:2
- Land Area:716 sqm
We Know Your Area
R&H Suburb Profile: Sydenham
R&H Suburb Summary | Houses |
---|---|
Number of sales | 63 |
Average Price | $649,809 |
Median Price | $632,000 |
Median Rental Price | $ p.w. |
Change in Rental Rate (5yr) | n/a |
Median Trend - $632,000
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