$1,180,000
agency logo

13 Kuranda Crescent, Kotara NSW 2289

Other444
Block size: 659 m² approx.
Can I afford this property?

Block of Units - DA Approved to Strata Title

Located in a quiet family street, this block of units has been DA approved for a four lot strata title subdivision and represents an excellent opportunity for the investor looking to enjoy immediate returns and add value by completing the subdivision that has been approved.

Configured as four, one bedroom units with open plan kitchen, living and bathroom, each unit having its own oversized carport area.

DA Approved to subdivide into four separate strata titled units - with each unit having a dedicated carport space and their own yard space.

Beyond the current approval the property could, with planning, potentially take advantage of the large area available on the lower level to increase the size of the units or even add more value again by creating additional lettable area STLCA.

Current returns

Unit 1: $270
Unit 2: $235
Unit 3: $260
Unit 4: $260

Total Rent: $53,300.00 per annum
Council Rates: $562.28 per quarter

For full information pack please email. Viewing by appointment only.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Darren Penn to learn more about this property, request an inspection or take an online tour.

Property walkthrough

Key details

Property Type:Other
Lot:118
Plan Type:DP
Plan:30720
Block Size:659 *
*These are approximate values based on available information.
Ray White Newcastle Lake Macquarie

Maps and area information

Loading...
Block information
Block size: 659 (approx)
Legal description: 118/30720
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2022.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
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.
Enrolment areas for ACT public schools.

Home Loans

RepaymentsStamp duty & upfront costs

Property history

Suburb and property insights

Median sales
Median Sale Price For Kotara
$895,000
Average Age
41 years
Population
3,929
Kotara's Property Profile
Kotara's Occupancy

Contact agents

Ray White Newcastle Lake Macquarie

Ray White Newcastle Lake Macquarie

View agency detailsDarren PennRay White Newcastle Lake Macquarie
Andrew DinnenRay White Newcastle Lake Macquarie
Please send me information on 13 Kuranda Crescent, Kotara NSW 2289
Only to be used for sending genuine email enquiries to the Agent. All Homes Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More sales listings from Darren Penn

propertyproperty
New
New to Market
47 Tighe Street
Waratah NSW 2298
311
View all sales listings for Darren Penn
Listing ID: 180719461. This listing has been viewed 6 times. It was first displayed on 15/06/2022 and last updated on 03/08/2022.