This beautiful flat block with 21 meters of frontage and 65 meters of length, totalling approximately 1,300 square meters is perfectly located within 650 meters of Tuggerah Lake and an easy 1km walk to Wyong Hospital. The block is currently home to some wonderful Silver Gum Trees; a freestanding workshop / garage; and a three bedroom fibro shack, which needs some serious work but should not be beyond resuscitation for the enthusiastic among you! Your simple options include: knock down & rebuild a huge family home; or if you can hack it - make do with what's there and wait for values to continue increasing; or do a cheap refurb' and rent the property out for the next few years. The block of land is currently zoned RU6 which is a transitional zoning and is likely to be rezoned into general residential in the future. An experienced buyer or property developer may be able to see the potential to lodge a planning proposal to rezone the property as it is directly fronted by residential properties and enjoys connection to town water, sewer, electricity and phone line. Lots of potential for the right buyer!
Property Type: House
Land Size: 1300m2