Developer's opportunity- 4 One Bedroom Flats!

This 3,331 square meter property is a prime opportunity for a developer with a vision. Currently, it features four one-bedroom flats, each thoughtfully designed with an open-plan kitchen and lounge area. The one-bedroom units also boast en-suite bathrooms complete with a basin, toilet, and shower. However, the property has been rezoned to allow for the construction of five cluster homes, either in a simplex or duplex style, unlocking a world of possibilities for the savvy developer. The existing infrastructure on the property, such as water, electricity, and sewerage services, is already in place, streamlining the development process. For a developer looking to create a truly unique and attractive housing development, the potential is endless. Imagine a future where a developer purchases this property and decides to demolish the existing flats. With a clear canvas in place, they can engage a development specialist to craft the design for the new simplex and duplex units.

These units could be offered off-plan, giving potential buyers the exciting opportunity to select their own finishes or even customize the interior layout to suit their preferences. This flexibility is a remarkable selling point, as it allows buyers to tailor their new homes to their exact desires, creating a unique living experience. The property's proximity to essential amenities only adds to its appeal, making it an even more enticing investment. In summary, this property presents a compelling opportunity for developers who want to take advantage of the existing infrastructure, the rezoning, and the potential to create bespoke homes. With the ability to design and build to cater to the future residents' tastes, this property is indeed a clever buy for those looking to make their mark in the real estate market.