105 Nar Nar Goon - Longwarry Road, Garfield, Vic 3814

Ready to sub-divide, this approximately 3,388 has permits to be sub-divided into 6 individual blocks, each with approved plans for 4 bedroom homes to be build, except one which has an existing house on it. Either complete the sub-division and on sell the blocks or build the homes and sell to dream lifestyle in this sought after town. There is plenty of margin built into this.
The most important factors to consider when purchasing or developing real estate has been location in relation to public transport, shops and other public amenities. This development site offers the best of everything as you can cross the road and you are at the railway station, local shops and hotel and are only a short walk to the primary school.

With the existing house to remain on one block, which is currently renting for $350 per week, the opportunity is here to make money on the re-sales. The new blocks will be 644m2 or 736m2, all with their own street frontage and driveway access. Some work has to be completed to comply with council permits, however we can supply costings for this work. There is also working drawings and engineering comps. Available for houses to be built on each block if you want them. The existing 3 bedroom house can be on sold as is.
To view copies of the site plans, the permits or the drawings for the proposed dwellings, please call the agent Rod Capuano

Property Code: 45048