This parcel of land, once a dairy, has been rezoned R3 Medium Density and is approx. 900m to Morisset Railway Station, PLUS the entire shopping centre and bus routes. Good street frontage, moderate slope for good drainage, and a rear lane (currently unused), make for easy access.
Once the first of these parcels is purchased and developed, the demand will increase along with the land prices. This is a brilliant opportunity! Some of the best developments are along major rail corridors at "all train stop" stations. The vendor has engaged Morrison Design Partnership to do a feasibility study on the land with the following results:
"We believe we can achieve 8 units on the site. This is based on the following:
3 storey / 3 Bedroom units Single car garages Walk ups / no lifts. Compliance with all setbacks Compliance with height requirements Compliance with GFA controls Compliance with max building coverage controls. General landscape compliance requirements. Approximation of the site boundaries as obtained from the aerial imagery.
This does not factor in: Reduction in building footprint due to: o Bushfire o Flooding o Biodiversity
It must be noted this is a maximum possible yield which may be reduced subject to the items noted above." This assumes the vendor would obtain council approval for any development. The plan referred to above can be viewed in the photos.
Contact our office on 02 4958 8555, 7 days, for further information.
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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.
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.