Looking for a unique residential development site in the Maitland area? Consider this large parcel of R1 (residential land) in the heart of an established community made up of a collection of period and modern homes.
Bolwarra is located 5 minutes from Maitland CBD and is renowned for its village-like feeling. It's an area where people generally stay long-term or until they one day downsize. The land has been owned by the one family since 1968 and is one of the last remaining plots of this size in the area.
There are numerous possibilities subject to council approval, namely; Community Title Residential Development, Seniors Housing, Respite Day Care Centre, Torrens Title Sub-division, Age Care Facility, or Group Independent Living.
There is little opportunity in this area for older residents to downsize due to there being no availability of suitable properties, hence this site would be desirable for a smaller lot sub-division which would allow those residence to stay in the area.
Located within the site (13,790 sqm) is a substantial Four-bedroom master-built brick veneer with tiled roof of approximately 40 squares and external shedding, circa 1970's. There is also the opportunity to update the existing home and maintain the land as a land bank for the future, or share the site with other family members.
For further details contact Christopher Sarroff 0498 335744 or Anthony Sarroff 0488 442244 for an information package.
* Agent Declares Interest.