3 Pinot Street, Muswellbrook, NSW 2333
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Sold
Sold for $435,000 on Mar 18, 2024
POTENTIAL DEVELOPMENT OPPORTUNITY
WE LOVE:
• Potential development opportunity to subdivide into two blocks
• Popular 'Wine Estate' location in North Muswellbrook
• Privately set 1,761m2 block in quiet cul-de-sac
Calling all investors & property developers!
This monster 1,761m2 block is located in one of Muswellbrook's most desired locations and has had previous DA approval to subdivide into two blocks. This property is a rare opportunity as there is very little land available in the popular 'Wine Estate' in North Muswellbrook. Whether you construct a second dwelling or granny flat (STCA), or submit a DA to subdivide and sell off the vacant block (STCA), there's so much potential to be had.
This property backs onto a lovely reserve area at the rear providing a peaceful and spacious atmosphere. The existing residence is a neat and tidy 3 bedroom home and is currently rented for $410 per week. With the potential of future growth and development opportunities, this rare property has so much to offer!
Property features include:
• 3 x bedrooms
• Built-in robe and a split system A/C in master bedroom
• Lounge room
• Combined kitchen and dining area with A/C
• Separate laundry and toilet
• Roof tiles have been treated and repainted
• 2 x lock up garden sheds
• Fully fenced pet friendly yard with room for off street parking
• Quiet cul-de-sac
Investor Notes:
• Potential to subdivide or construct a second dwelling/granny flat (STCA)
• Previously DA approved for a subdivision (now expired)
• Excellent tenant in place
• Currently leased for $410 P/W
Disclaimer: All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Carolyn Wallis-Tomlins
Director / Sales Agent | Residential & Stock and Station
Katie Constable
Sales Associate | Muswellbrook
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L1776478
- Property Type:House
- Carports:1
- Land Area:1761 sqm
We Know Your Area
R&H Suburb Profile: Muswellbrook
R&H Suburb Summary | Houses |
---|---|
Number of sales | 317 |
Average Price | $526,026 |
Median Price | $510,000 |
Median Rental Price | $490 p.w. |
Change in Rental Rate (5yr) | 29 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 62 |
Average Price | $351,376 |
Median Price | $308,750 |
Median Rental Price | $380 p.w. |
Change in Rental Rate (5yr) | 36 % |
Median Trend - $510,000
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