SUBDIVIDE? OR START ANEW
House - Property ID: 926229
Sold for $877,000
Rare central Croydon location potential multi-unit site (STCA)
This 5 bedroom home sits on a fabulous 1,379m2 (approx) block within a short walk of central Croydon.
It provides a variety of lucrative opportunities. You may be looking to invest your time and money in renovating this home, removing a single dwelling covenant and subdividing the large back yard to build homes in the rear (STCA).
Alternatively you may want to start all over again and remove the existing home and build several brand new ones (STCA) and the removal of the single dwelling covenant.
Alternatively the existing home, in need of some major renovation could be rented out whilst you decide what to do, or whilst removing the covenant and then obtaining plans and permits.
These exciting opportunities are often sought but rarely found so be quick to inspect!