SELLERS INSTRUCTIONS CLEAR - THIS MUST BE SOLD !
Your chance to invest in a remarkable 1,825 m2 block awaits! Located at 75 Henry Lawson Drive in the brand new Latitude estate in Terranora, this property offers an exciting opportunity for those interested in subdivision.
This generous block is currently in the council's approval process, paving the way for the splitting of this land into two separate titles. This opens up a world of possibilities, whether you're a savvy investor looking to develop two distinct properties or a homeowner ready to create your dream residence.
With the potential to divide the land with a large frontage and dual access, you can craft two freestanding homes, each customized to your exact preferences. This means you get to handpick the colors, finishes, and inclusions, making both homes a true reflection of your vision.
Imagine the convenience of having two distinct properties, each with open-plan living spaces, master bedrooms with ensuites, and additional bedrooms, all designed to suit your needs. Plus, the expansive outdoor entertaining decks offer breathtaking views of the serene hinterland and the stunning Terranora Valley.
Latitude Estate's strategic location places you near Terranora Pavilion tavern, shopping precincts, a tennis center, Lindisfarne School, and just a short drive from major shopping hubs and beautiful beaches. This is an opportunity that suits investors looking for great value or homeowners keen to create their perfect living spaces.
With the option to purchase individual homes in this sought-after area at attractive prices, this is an investment opportunity you won't want to miss. Don't wait – reach out to our agent today for more details on how to seize this incredible potential and transform this 1,825sqm block into a split property gem!
The size of Terranora is approximately 12.5 square kilometres. It has 4 parks covering nearly 1.5% of total area. The population of Terranora in 2011 was 2,796 people. By 2016 the population was 2,903 showing a population growth of 3.8% in the area during that time. The predominant age group in Terranora is 10-19 years. Households in Terranora are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Terranora work in a professional occupation. In 2011, 87.1% of the homes in Terranora were owner-occupied compared with 86.8% in 2016.
Terranora has 1,509 properties. Over the last 5 years, Houses in Terranora have seen a 82.95% increase in median value, while Units have seen a 31.17% increase. As at 31 October 2024:
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