Sold
Last Asking Price - $1,000,000
2 Nandala Drive, Tanah Merah QLD 4128
House
312
Block size: 2028 m² approx.
Turnkey Development Opportunity with DA Approval
Nestled in the highly sought-after suburb of Tanah Merah, this expansive 2028 sqm property represents a rare and lucrative investment opportunity, complete with all necessary DA approvals for a visionary development project. Approved for an exclusive complex of 10 modern townhouses, this site is primed for an astute investor to bring a transformative project to life.
The approved designs elevate beyond typical townhouse offerings, presenting luxurious dual-level homes, each level featuring their own living spaces, and a double garage - a rarity in contemporary developments. The collection includes eight four-bedroom, two-bathroom townhouses, alongside two three-bedroom, two-bathroom townhouses, thoughtfully crafted to accommodate a wide spectrum of lifestyles and tastes. The readiness of DA approvals means that this project is shovel-ready, eliminating the usual delays associated with planning and permits and allowing construction to commence at the investor's convenience.
Situated in an area known for its family-friendly atmosphere, excellent educational facilities, and vibrant community life, Tanah Merah is a highly desirable location for both homeowners and renters. This positions the development project in a prime spot for attracting quality tenants and ensuring high occupancy rates.
While plans for the development are set into motion, the existing three-bedroom home on the site offers an immediate source of rental income, ensuring that your investment begins generating returns from day one. This aspect of the property not only provides financial benefits but also adds a layer of flexibility for the investor, allowing for income generation while final preparations for construction are underway.
2 Nandala Drive presents more than just a development opportunity; it offers the chance to create a landmark project that will stand as a testament to thoughtful design and strategic investment in Tanah Merah. Whether looking to expand a portfolio or embark on a standout project, this site offers the perfect foundation for a transformative endeavour.
Seize the opportunity to shape the future of Tanah Merah with this exceptional investment prospect. Chat with us today to explore how this ready-to-develop site can be transformed into a vibrant residential community, marking a significant milestone in your investment journey.
Make no mistake, this property will sell on or before April 6th under the hammer. So don't miss this opportunity to make this property your own!
The approved designs elevate beyond typical townhouse offerings, presenting luxurious dual-level homes, each level featuring their own living spaces, and a double garage - a rarity in contemporary developments. The collection includes eight four-bedroom, two-bathroom townhouses, alongside two three-bedroom, two-bathroom townhouses, thoughtfully crafted to accommodate a wide spectrum of lifestyles and tastes. The readiness of DA approvals means that this project is shovel-ready, eliminating the usual delays associated with planning and permits and allowing construction to commence at the investor's convenience.
Situated in an area known for its family-friendly atmosphere, excellent educational facilities, and vibrant community life, Tanah Merah is a highly desirable location for both homeowners and renters. This positions the development project in a prime spot for attracting quality tenants and ensuring high occupancy rates.
While plans for the development are set into motion, the existing three-bedroom home on the site offers an immediate source of rental income, ensuring that your investment begins generating returns from day one. This aspect of the property not only provides financial benefits but also adds a layer of flexibility for the investor, allowing for income generation while final preparations for construction are underway.
2 Nandala Drive presents more than just a development opportunity; it offers the chance to create a landmark project that will stand as a testament to thoughtful design and strategic investment in Tanah Merah. Whether looking to expand a portfolio or embark on a standout project, this site offers the perfect foundation for a transformative endeavour.
Seize the opportunity to shape the future of Tanah Merah with this exceptional investment prospect. Chat with us today to explore how this ready-to-develop site can be transformed into a vibrant residential community, marking a significant milestone in your investment journey.
Make no mistake, this property will sell on or before April 6th under the hammer. So don't miss this opportunity to make this property your own!
Inspections
No open inspections scheduled.
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Contact Hannah Shine to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
3
Bathrooms:
1
Garage Spaces:
2
Property type:
House
Block Size:
2028 m²*
Other Details
Lot:
38
Plan Type:
RP
Plan:
123965
Legal description:
38/RP123965
Maps and area information
Block information
Block size: 2028m² (approx)
Legal description: 38/RP123965
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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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.
Enrolment areas for ACT public schools.
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
10 Apr 2024
Sold at auction
Zevesto Property Group
Listed: 07/03/2024
Block size: 2028m²
Transfer type: Full transfer
Tanah Merah suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
39 years
Population
4,754
Listing ID: 182358402. This listing has been viewed 8 times. It was first displayed on 07/03/2024 and last updated on 10/04/2024.
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.