It doesn't get any better than this. Situated across the road from Belmont Village and adjacent to Belmont Forum Shopping centre this prime piece of land is ready for the developer. Deceased estate and under instructions from the family this property will be sold.
Zoned R20/R50/R100 and in 2 rectangular lots with a 24 Metre frontage 390 sqm each.
Zoned mixed use Residential and commercial. I believe next door has a development approval for 18 or so 1 and 2 bed apartments and 2 commercial lots.
This block is identical is size and shape to both next door blocks.
existing improvements can be rented out at between $350PW to $400PW.
Call Richard Eldridge for more information on 0404 216 528
To be Auctioned on site on Sunday 9th November 2014 at 2.00pm if not sold prior.
10% Deposit on the fall of the hammer.
Settlement date19th December 2014 on or before by mutual agreement.
Disclaimer Bidding to start is a statement of the price as which bidding will start at the Auction. It is not a statement of the ‘reserve price’ for the property, nor is it indicative of the value of the property.
ALL OFFERS PRIOR TO AUCTION WILL BE PRESENTED.
M: 0404 216 528