ATTENTION BUILDERS & DEVELOPERS: this knock out opportunity demands your attention
Land size is 7340sq metres and zoned RU5. As it stands no re-zoning will be necessary to develop.
7340 m2 divided by 500m2 equals 14.7 blocks with no access. You would need to allow a 10 metre wide road reserve along the 111 metre Monte Cristo frontage and a 10 meter wide road along the 55 metre Vaughan St frontage which gives you some 11 lots or at the $275,000 asking price, works out at 25k for a 500 m2 lot...
Services are available with sewer; power and water close by. Sewer and storm water can come from Loughan Rd.
Water currently sits at the entrance corner of Vaughan Street. You could complete the dwellings down Vaughan St. and also along Monte Cristo Rd. without having the costs of roads.
Site plan would be a must to ensure you maximise the maximum dwelling potential for the block
Land would allow 10 to 11 dwellings which include a road to be developed for optimal access
Under the Junee LEP this is RU5 land and the smallest Torrens subdivision is 500m2. Under community title you could erect more dwellings but in practical terms at 250m2 for detached buildings would be the realistic limit.
With a progressive council, an active community and a growing population this sought after development will really have you thinking!