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Development Potential with Rental Income – 728sqm Block Zoned R40

Auction Location: Online Auction

Welcome to 142 Ravenswood Drive, Nollamara – a fantastic opportunity for investors, developers, or families looking to capitalize on a spacious block with subdivision potential. This 3-bedroom, 1-bathroom home sits on a 728sqm block and features a large workshop at the rear, perfect for hobbies or extra storage.

Zoned R40, the property offers incredible development flexibility, including the potential for a 3-lot subdivision. For those looking to de-risk, you could subdivide the rear block and retain the front home, creating multiple avenues for future profit.

Currently tenanted, this property is easily rentable and could seamlessly fit into your investment portfolio with tenants willing to stay longer on the right terms.

With options aplenty, this property won't stay on the market long! Book your private inspection with Steven Bethell and Adam Whitford today.
3 1 1 728 m2
Address 142 Ravenswood Drive, Nollamara
Price SOLD for $720,000
Property Type Residential
Property ID 30771
Category House
Land Area 728 m2

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Steven Bethell

0468 719 374
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Adam Whitford

0406 616 608
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