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JANNALI
1 Mitchell Avenue
- 3 BED
- 1 BATH
- 1 CAR
Sold
Tuesday, 8th of October
$699,000
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Property overview
Property Information
- Property ID 1P3143
- Property Type House
- Garage 1
Further information
Presenting an exciting opportunity for the astute investor or developer this 714.5sqm block of land is zoned for future high density development. Currently occupied by a three bedroom brick home it is close to transport and a selection of leisure and lifestyle amenities.
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- Prized northern aspect
- 714.5m2 block adjacent to Jannali CBD
- Current zoning under SSLEP 2006 is Zone 6 - Multiple Dwelling B
- R4 high density residential zoning under the draft SSLEP 2013 with 16 metre height restriction, a 1.2:1 floorspace ratio and 30% landscape area
- Located next to Jannali train station and directly across the road from shop
- Existing house is rented for $390 per week to long term tenant
- Close to schools, shops and only 40 minutes to Sydney CBD
- Added future value on offer from proposed LEP and expected strong medium term capital growth
Location
Boasting a village feel, Jannali is one stop from Sutherland and offers diversity in living, catering to a broad range of demographics. The local shopping centre, cafes, restaurants, eateries and local schools provide lots of choice and convenience. A suburb revered for peaceful living, with the stunning coastline of Cronulla and the bustling activity of the city only a stone's throw away.
Suburb Median Price
3
BED
$1.601m
Recently sold
$780,000
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