This significant blue chip development opportunity is coming to the market for the first time in over 40 years.
Expanding over 3 street frontages & zoned Residential growth zone 2 the astute developer or builder can acquire this high-density site (up to 4 stories high) within the Mitcham activity zone positioned on approx. 2730m2 combining 3 titles of both residential & commercial.
The current owners are acceptable to a settlement of up to 18mths and will allow the planning process to commence in that time.
Given the Vendors flexibility with settlement & having a secure Tenant in place, this is a rare, unique & significant opportunity for the astute buyer.
Terms: 10% deposit Settlement - maximum 18mths
Coronis - Changing Live for the Better!
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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.
Nearby sales
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We found 50 houses with 3 bedrooms that just sold near 447-453 Whitehorse Road Mitcham
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.
Mitcham suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
40 years
Population
16,795
Listing ID: 181696486. This listing has been viewed 13 times. It was first displayed on 13/06/2023 and last updated on 24/11/2023.
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.