Land of this scale, on a corner, within the Hamilton Boys' High School zone is becoming increasingly difficult to find. Spanning 1,012sqm, this is an opportunity with relevance today and plenty to think about for the future.
The generous landholding is the obvious drawcard. Surrounding development provides a clear indication of how this part of the city is changing, while the corner position adds another dimension for purchasers taking a longer term view. A professional development scoping assessment has already been completed and is available on request. It identifies the site as having development potential, with any future outcome naturally subject to design, infrastructure capacity and Council approval.
In the meantime, there is a substantial home to work with. Larger than the conventional four bedroom layout, it delivers multiple living areas, four generous bedrooms and the added benefit of an additional toilet in the master. Timber floors and original character remain, while the kitchen, bathrooms and interiors present obvious scope for renovation and value creation.
Outside, a single garage is accompanied by a separate lined outbuilding that lends itself perfectly to a hobbies room, studio or workspace. There is still an impressive amount of open lawn, reinforcing the scale of this quarter acre holding.
Investors can also consider the property as a holding option, with Healthy Homes compliance documentation available on request.
Five Cross Roads is close by, the CBD is easily accessible and key arterial connections put the wider city within easy reach.
Vacant and surplus to our sellers' requirements, the brief is simple: it is time to sell. Renovate it, hold it, or secure the land and take a longer term view.
Contact Yvenna or Craig to arrange your viewing or request the property information.
