2-8 Hanson Grove, Stokes Valley presents a rare opportunity for those with vision, experience and capacity.
Situated on a substantial 1,280sqm site (approx.), the scale of land on offer is a key feature and provides genuine scope for redevelopment or a comprehensive rebuild, subject to council requirements.
Constructed in 1965, the property is currently configured as four separate units, each understood to comprise two bedrooms, one bathroom and one car park. Due to access restrictions, we have been unable to internally inspect or fully verify the existing layout.
The property is boarded up and has sustained extensive fire damage. One unit appears to have been severely impacted, and the overall condition of the improvements is poor. This is a significant project suited to experienced renovators, builders or developers prepared to undertake major remediation or consider redevelopment options.
The property will be sold on an as-is, where-is basis. Purchasers are advised to complete their own investigations. Large land holdings of this size are increasingly difficult to secure in established residential locations. For the right buyer, this is an opportunity to unlock the full potential of the site.
