PROPERTY FOR SALE > 2505, PORT KEMBLA, NSW, Australia

For Sale > Townhouse Development Project At Port Kembla

Home For Sale Port Kembla New South Wales
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Real Estate At Port Kembla

Price: $925,000
Status: FOR SALE
Address: PORT KEMBLA, 2505, NSW
Bedrooms: 3 Bathrooms: 2
Garage: 2 Pool: -
Car Port: -
Land Size: - House Size: -

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Investment Property For Sale Port Kembla

180 degrees water views.

Be quick to call as this property has been reduced by $125,000 to just $925.000. The valuation is $1,050,000.

DA & Op Works Approved for 6 Huge Townhouses

Summary of property

The project has

DA current for 6 x 3 story townhouses
Operational Works approved
90% of the work done for the BA so only 2-3 weeks to lodge

The site is on 2 lots (1,566m2), has 180 degree ocean views and is to be built to take advantage of the views. It currently has a vacant house on it. Better plans than those in the valuation are available to serious buyers.

Each townhouse is huge in design with

3 bedrooms,
2 large balconies,
paved courtyard area (may lend itself to convert to a rumpus area when building,
formal entry and
2 lockup garages
All larger than 250sqm in size and superior to anything in the area.

Next door is a development of 4 smaller townhouses which sold / selling for $650-690k.

Mortgagees Instructions - Contract Terms:
Finance / due diligence 7 to 14 days to price the job.
The mortgagee will help fast-track putting serious buyers in contact with consultants.
The reality is we only want a buyer that has $700,000 cash to inject in the deal
The mortgagee will only look at conditions when they know how committed the buyer is.

Deposit
Upon signing Deposit of 5% is required
Upon unconditional further 5%
Settlement time 30 / 60 / 90 days. Time is money so lower price 30 days higher price 60 days

Is this for you?
Must be cashed up

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Contact Details For This Property (AD ID: A1900)

Status: FOR SALE
Asking Price: $925,000
Agent Name: Rhonda Madden
Telephone: 1300 662 768
Mobile: 0418 844 499
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For information relating to this Property, visit these websites:
Link 1: www.investinginproperty.com.au/109659