Sold Price : $1,225,000
Sold Date : 2022-05-06

Magnificent Opportunity ! Rare Offering ! Huge Corner Block of 35800 m2

This is the unique offering on a Huge Block of 35800 m2 (Approx) Zoned Rural Horticulture featuring 7 Large Bedroom, 2 Bathroom House with Plenty of space in the backyard offering endless Possibilities for someone Looking to run the Business from Home.

This Property is Offering 4 bed 1 bath 1 Kitchen Solid Brick House as well as another House with 3 bed 1 Bath 1 kitchen which makes it 7 bed 2 bath 2 kitchen 2 living Home. Both House Joined together with separate access to 2nd House. This Property also equipped with 13 kw Solar system to slash Power bill nearly negligible.

Possible to rent out both House separately as well to maximize the rental return. Current rental Appraisal is $800/week but Possible to get lot more by renting out both house separately.

This Property also attracts current rental income of $11500 annually from Optus tower and from June 2022 This lease agreement is due to renew for 25 years with starting Rent of $13500 annually with 3% increase every year.

To submit an offer, Use this link

This beautiful Solid brick home will no doubt impress you with every step you take. offering Nice Interior , 2 big Lounge Room , 7 Bedroom ,Wood fire heater and 2 spacious Kitchen as well as Plenty of under cover car park.

This Rare offering suitable for small scale business including Agriculture, Brewery, Cidery , Distillery, Horse keeping, Horticulture Industry, Low intensity animal husbandry, Shop, Small-scale ground mounted solar power facility,
Tourist accommodation, Transport distribution, Warehouse ,Winery
Workers' accommodation etc

Features that You love:

Rural Horticulture Zone
Huge block of 35,867m2 (Approx)
Total 7 sizable Bedroom
Plenty of storage
2 Huge living area
2 bathroom
2 KItchen
Plenty of under cover Car Park
Huge verandah
Huge backyard with fruit trees
13 kW Solar System

There are over 100 Olive tree and plenty of fruit Trees on the Property.

Superbly located in the popular suburb of Waterloo corner this well cared for, 1976 constructed home, offers endless amounts of space across a brilliant layout, don't miss out and call us today! For more information contact
Krish Gajera 0425 132 642. We look forward to speaking with you!

Note: Vendor is happy to accept 5% deposit and 45-60 days Settlement which will give you enough time to organize your finance.

I look forward to meeting with you at our next open home & making your property aspirations a reality HERE!

Bidders Registration will start from 12.30 pm for 1 PM Auction on Saturday 30th April.

The vendors statement (Form-1) will be available online(Under statement of information on Real estate.com) for at least 3 Consecutive business days immediately preceding the auction and the on site at least 30 minutes immediately before the auction commences.

Year built: 1976
Land size: 32376 m2 sqm (approx.)
Dwelling size: 485 sqm (approx.)( Including Verandah and carport )
Council Rate:$2100/Annually (Approx)
Council Rate for Optus Tower: $2410/Annually (Approx)
Water rate ( sa water):300/Quarter (Approx)
Emergency levy:$300/Year(Approx)
Licensed Bolivar water charge:$2500/Year (2.5 mil Gallon permit)
Bore water : 1 Mil Gallon permit (Currently not using)

**** Note Form 1 below in Statement of Information

Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.