$550,000 to $600,000
agency logo

22 Skye Street, Morisset NSW 2264

Land
Block size: 1214 m² approx.

Approx 1,200m2 Zoned R3

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.

Inspections

No open inspections scheduled.

Send an enquiry

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

Key details

Property type:
Land
Block Size:
1214 *

Other Details

Lot:
10
Section:
11
Plan Type:
DP
Plan:
758707
Legal description:
10/11/758707
Love Realty Speers Point

Maps and area information

Block information
Block size: 1214 (approx)
Legal description: 10/11/758707
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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.

Property history

We couldn't find any history for this property.
See Morisset's suburb profile

Morisset suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
55 years
Population
4,078
Listing ID: 181536323. This listing has been viewed 22 times. It was first displayed on 14/04/2023 and last updated on 02/11/2023.
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.