SOLD BY THE NEWTON TEAM...Set in a quiet tree-lined street in sought-after Caringbah South this fantastic parcel of land covers a large 2,528.3sqm over three properties and offers a wide 45.72m frontage and a stepped depth of 60.96m. Zoned R2 with a floor space ratio of 0.55:1 and a gentle fall to the street, this site is ideal for a boutique villa and townhouse development (STCA). With leafy surrounds, high-quality homes up and down the street and within walking distance to shops and train station, the projected resales are excellent.
• Large 2,528.3sqm site, zoned R2 with 45.72m street frontage and depth of 60.96m.
• Floor space ratio of 0.55:1.
• Ideal boutique villa and townhouse development (STCA).
• The current homes have the possibility to live in or rent out whilst you manage the development.
• Multiple quality schools within walking distance, both public and private.
• Less than 1km to Caringbah shops with retail stores and plenty of dining options including cafés, restaurants and pubs.
• For commuters, the train station is a short walk away, with a direct train line to the CBD, only a 45-minute trip.
• Other conveniences nearby include Caringbah Leisure Centre, sporting fields, medical facilities and multiple gyms.
• Cronulla is just a short drive away with its beautiful beaches, golf course and restaurants.
• 71 Jacaranda is a stunning five bedroom house with modern interiors and all the space you could need.
• 73 Jacaranda is a well-maintained three bedroom brick house.
• 75 Jacaranda is a neat and tidy three bedroom house.
These properties present a fantastic development opportunity and the potential is limited only by your imagination.