Development Opportunity (zoned mixed use) in the Heart of Albury
Positioned in the heart of Albury on a flat parcel of land, 513 Hume Street indeed presents an exciting opportunity for various types of buyers. Its prime location, coupled with its sizeable land area of approximately 674sqm (approx.), makes it a canvas for a range of possibilities.
A promising opportunity for development with its existing DA approved plans for a duplex. Designed by Cavalier Home adds a level of credibility to the design. Each duplex dwelling would consist of four bedrooms, two bathrooms, and an open-plan living space split over two levels for each residence, providing well thought out and comfortable living arrangements. Boasting an internal area of around 200sqm, along with a garage, and a total outdoor area of 213sqm (approx.), suggests spacious living spaces.
Overall, the potential for development coupled with the well-designed plans makes this property stand out for those interested in investment or development opportunities. Zoned as mixed-use and boasting dimensions of 17m x 41m (approx.), developers will have the opportunity to unlock its full potential. Whether it's creating a multi-unit residential complex, commercial spaces, or a blend of both, the possibilities are endless.
Additionally, the convenience of its location, with easy access between Albury and Wodonga, enhances its appeal. Commuters will appreciate the seamless connectivity, while the proximity to schools, the Albury Railway station, CBD, and sporting grounds adds further convenience for residents.
513 Hume Street truly presents a rare chance to either craft a dream home or embark on a lucrative development venture in the heart of Albury's vibrant community. Act swiftly to secure this coveted piece of land and unlock the potential of this pristine 674 sqm (approx.) block in Central Albury.
Features: - 674 sqm (approx.), flat land - New home site or development (STCA) - Current DA approved plans for duplex - Mixed zone use - Easy access to Albury CBD, schools, amenities, and entertainment.
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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.
01 Aug 2021
Sold
Stean Nicholls Real Estate
Listed: 08/07/2021
Block size: 674m²
Transfer type: Full transfer
08 Jun 1995
Sold
$34,000
Contract: 08/06/1995
Transfer: 08/06/1995
Block size: 1012m²
Transfer type: Full transfer
South Albury suburb information
A little bit about who lives locally, as provided by government census data
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.