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  • 3 Pinot Street, MUSWELLBROOK, NSW 2333

3 Pinot Street, Muswellbrook, NSW 2333

  • 3 Bed
  • 1 Bath
  • 1garages

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.

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avatar Carolyn Wallis-Tomlins
Carolyn Wallis-Tomlins
Director / Sales Agent | Residential & Stock and Station
avatar Katie Constable
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
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R&H Suburb Profile: Muswellbrook
R&H Suburb SummaryHouses
Number of sales317
Average Price$526,026
Median Price$510,000
Median Rental Price$490 p.w.
Change in Rental Rate (5yr)29 %
R&H Suburb SummaryUnits
Number of sales62
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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