Attention Investors and Developers ...
Here's a prime opportunity to secure a versatile property in St Albans, just outside the 4 Avenues! This spacious 280m² property offers both immediate returns and redevelopment potential:
Property Details:
Size & Layout: 10 bedrooms, 3 bathrooms (4 toilets), a large lounge, and a spacious kitchen featuring dual stoves and fridges.
Convenience: Includes a separate laundry and ample storage, enhancing functionality.
Land Size: This property is situated on a generous 655m² Residential Medium Density (RMD) zoned lot, ideal for development or land bank and hold.
Investment Potential:
Development Opportunities: With its RMD zoning, the property offers exciting redevelopment prospects. Imagine expanding or building new units-such as 4 new 2-bedroom apartments to increase value significantly.
Current Value: A recent Registered Valuation is available for serious buyers, showing the potential uplift after renovation.
Additional Features:
Parking: Includes a single garage and parking for up to 4 vehicles, ensuring ample space for residents or tenants.
Your Options:
Rental Income: Occupy or lease the property to generate immediate rental income.
Development: Explore redevelopment /Land bank for future options to maximize returns.
All buyers encouraged to view and offer
Don't miss this rare chance to invest in a high-potential property in a prime location. Contact us today to get more information and arrange a viewing!
