overview

  • House
  • For Sale
  • 1365 sqm
  • 3
  • 2
  • 2
  • $575.00 Quarterly

Description

Family home on 1365m2 block
Located in the heart of Gerringong CBD this is an amazing opportunity to acquire a family home with potential income and future development options.

The property offers a large 3 bedroom home with 3 living areas and double garage along with large shed and office which is ideal for a home business or storage for your boat, caravan etc. Currently run as a licenced mechanical repair shop which has potential for a separate rental income. The property is 1,365m2 zoned medium density offering substantial scope moving forward.

The land is zoned R3 Medium Density Residential. This is a highly versatile zone that permits a wide range of development types, the zone is largely focused on higher density residential development however there is some scope for commercial development.

Permitted uses within the zone include, however are not limited to: Attached dwellings, centre based child care facilities, community facilities, multi dwelling housing, neighbourhood shops, seniors housing, medical centres.

- Maximum FSR = 1 : 1
- Property area = 1,365m2
- Frontage of 20.1m and depth of 67.3m.
- Maximum permitted floor area = 1,365m2
- Maximum Building Height = 11m

Features

  • Built-ins
  • Close to Schools
  • Close to Shops
  • Close to Transport

furnish

Enquiry Form