Glen Eden - RENOVATE AND REAP THE REWARDS

Description

Ignore the CV, this former childcare centre on 1,387m² residential land is for savvy investors.

The original home was consented and converted to be a childcare centre, but the solid bones and initial open-plan layout could be converted back to a happy, three-bedroom, home by an astute buyer.

Ideal for landbankers seeking to continue with commercial use, or revert to a residential dwelling, as the childcare facility is now vacant and up for grabs. Also ideal to either renovate, add a minor dwelling, or bulldoze it and rebuild.

The Residential - Single House zoned section is 1,387m² that will appreciate well for long-term landbankers.

It was not affected by the severe weather event on 27 January 2023 so you don't need to be concerned about the creek.

The vendors are retiring, this property must be sold so the choices are on the table, whether you renovate to live in, bulldoze to rebuild a new family home, or take advantage of the existing commercial use of the house and landbank.