Create a superior development project with this centrally located 3-acre property on Twelfth Avenue. Zoned R2 (low-density residential) and with a low percentage of indicative roads (16%) this land parcel has excellent potential for an efficient future subdivision plan (Subject To Council Approval). The property also currently generates a high income as it includes two separate residences and a shed.
Located nearby is the retail precinct along Edmondson Avenue (near Tenth Avenue – approximately 1 kilometre) and Austral Public School (1.1 kilometres). In addition, the property will have excellent future access and amenity to the local neighbourhoods of North Austral and South Austral via the proposed extension of Browns Road. This road extension will afford future residents easy access to both Fifteenth Avenue (leading to the M5 & M7 motorways) and Leppington Station (3.5km) via Bringelly Road. With proposed upgrades of Edmondson Avenue (a 400m walk), the property is also well located to access the future upgraded public transport system along this major bus route.
Key Features of the property include:
– 3 Acres of level land
– R2 – low-density residential zoning
– Two existing tenancies with rental incomes
– Potential high yielding block subdivision – STCA (low percentage of indicative road layout)
Situated on the property are two well-appointed homes (with existing tenancies):
A spacious and modern 5-bedroom home is located on the Western side of the property.
Home features include:
– Formal lounge room
– Large master bedroom and two bedrooms located towards the front of the home
– Spacious open plan dining, living and kitchen area with electric cooking facilities
– Two further bedrooms and the main bathroom adjoining the living area
– Large rumpus and entertaining room with a kitchenette
– Additional bedroom with an ensuite and adjoining study towards the rear of the home
– Tiled living areas
– Carpeted bedrooms
– Double garage and carport
A cosy 3-bedroom, 1-bathroom home is located on the Eastern side of the property
Home Features include:
– Lounge room with fireplace
– Spacious kitchen with ample storage, double sink and electric cooking facilities
– Separate dining area
– Garage and carport
– Timber floors in living areas
Future residents of the area will be well situated to access the surrounding suburbs of West Hoxton Park, Middleton Grange, Carnes Hill and Leppington. Residents may also enjoy aspects of an outdoor lifestyle with the surrounds of the Western Sydney Parklands (located to the East of Twelfth Avenue). With continuing upgrades to local and regional infrastructure and the development of the Badgery’s Creek Airport, this property presents an outstanding investment and development opportunity.