22 Skye StreetMorisset NSW 2264
Property Details for 22 Skye St, Morisset
22 Skye St, Morisset is a 0 bedroom, 0 bathroom House. The property has a land size of 1248m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (June 2024)
This parcel of land, once a dairy, has been rezoned R3 Medium Density and is approx. 900m to Morisset Railway Station, PLUS the entire shopping centre and bus routes. Good street frontage, moderate slope for good drainage, and a rear lane (currently unused), make for easy access.
Once the first of these parcels is purchased and developed, the demand will increase along with the land prices. This is a brilliant opportunity! Some of the best developments are along major rail corridors at all train stop" stations. The vendor has engaged Morrison Design Partnership to do a feasibility study on the land with the following results:
We believe we can achieve 8 units on the site. This is based on the following:
3 storey / 3 Bedroom units
Single car garages
Walk ups / no lifts.
Compliance with all setbacks
Compliance with height requirements
Compliance with GFA controls
Compliance with max building coverage controls.
General landscape compliance requirements.
Approximation of the site boundaries as obtained from the aerial imagery.
This does not factor in:
Reduction in building footprint due to:
o Bushfire
o Flooding
o Biodiversity
It must be noted this is a maximum possible yield which may be reduced subject to the items noted above."
This assumes the vendor would obtain council approval for any development. The plan referred to above can be viewed in the photos.
Contact our office on 02 4958 8555, 7 days, for further information.
Property History for 22 Skye St, Morisset, NSW 2264
- 09 Dec 2021Listed for Sale $580,000 - $630,000
- 23 Aug 2021Sold
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0About Morisset 2264
The size of Morisset is approximately 26.9 square kilometres. It has 25 parks covering nearly 50.9% of total area. The population of Morisset in 2011 was 2,856 people. By 2016 the population was 3,237 showing a population growth of 13.3% in the area during that time. The predominant age group in Morisset is 70-79 years. Households in Morisset are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Morisset work in a professional occupation. In 2011, 69.5% of the homes in Morisset were owner-occupied compared with 63.2% in 2016.
Morisset has 2,914 properties. Over the last 5 years, Houses in Morisset have seen a 64.87% increase in median value, while Units have seen a 26.13% increase. As at 31 October 2024:
- The median value for Houses in Morisset is $835,898 while the median value for Units is $574,695.
- Houses have a median rent of $560 while Units have a median rent of $500.
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