10 Windermere Rd, Lochinvar is a 3 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 1515m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
What a truly amazing investment opportunity presents itself with this huge approx. 1,500sqm parcel of land having 2 separate titles of land & an approved DA for 2 additional homes on the 2nd title of land. Not only that but you also currently have a home that has been split into 2 separate units both being leased to long term tenants. Your options here are endless with possibilities to keep the existing home & build the 2 new homes at the rear, or knock down the whole site & start again designing your own personal development.
Arriving at the site you are greeted with a 42m frontage giving you so many options for development, side access to the rear site & 2 separate entrances for the current residences on the block. Your 2 current units both feature 2 good size bedrooms with the main bathroom, the main living room with separate dining & kitchen, internal laundry, single garage & fully fenced yard. Unit 1 also has the luxury of a 2nd living room.
Unit 1 Leased $230per week
PROPERTY INFORMATION
ZONING R1 General Residential on both lots
TITLES OF LAND Here you have 2 separate titles of land
SEWER the property is connected to town sewer with sewer running at the rear of the home for easy access
STORM WATER A new storm water connection has been created at the rear of the property to allow the development
FLOOD No
Lochinvar is by far a growing suburb with 2 major developments currently happening, sought after schooling, pubs, transport & sporting fields while still keeping its relaxed rural feeling the people love. You also have easy access into Maitland, on the Hunter Expressway, to the Vineyards or up the Valley making it a prime location for many to live.
Outgoings:
Council rates: $2,900 approx. per annum
**Health & Safety Measures are in Place for Open Homes & All Private Inspections
**All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property
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