Permit for 3 Townhouses on this Large Block!
Enjoying approved permits to build 3 townhouses on the sizeable allotment, this exclusive Point Cook opportunity is a stellar prospect for budding developers.
The approved permits allow for:
Unit 2: 118sqm
Unit 3: 138sqm
Unit 4: 192sqm
Common share driveway: approximately 160sqm
The growing suburb is the perfect place to start your development dream, or is even suited for experienced developers who want to take advantage of the peaceful and private location.
Positioned close to Point Cook Senior Secondary College, Stella Maris Catholic Primary School, Point Cook Shopping Centre, Lennon Reserve, buses, and easy freeway access.
MEDIAN LAND PRICE FOR THE SUBURB: $307,000
MEDIAN HOUSE OR UNIT PRICE FOR THE SUBURB: $562,000
INDICATIVE SELLING PRICE: $530,000-$560,000
COMPARABLE SALE 1: 49 Scenic Drive Point Cook, VIC, 3030. SOLD $500,000- 28/04/2017- Land size 618 sqm.
COMPARABLE SALE 2: 4 Fireside Avenue, Point Cook. SOLD $470,000- 04/03/2017- Land size 541 sqm.
COMPARABLE SALE 3: 17 Meridian Close, Point Cook. SOLD $600,000- 25/06/2017- Land size 688 sqm.