3 Charteris Crescent
Chifley
Chifley
3
1
1
1.0
Fantastic development opportunity in the heart of the Woden Valley
Situated in an elevated position in the sought-after suburb of Chifley is this rare offering to own two large blocks of land with the possibility to develop brand new homes with DA approved plans.Combined, 3 and 5 Charteris Crescent offers you a 2,191m2 parcel of land with plans that have been approved to allow a build of up to 6 terrace-style villas. On their own you are presented with a blank canvas at 3 Charteris Crescent, an ex-Mr Fluffy block, this expansive parcel of land allows you to develop your dream home(s) with grand views out to the Woden Valley on a 1,038m2 block of land.
5 Charteris Crescent also presents you the chance to build and create but on a 1,153m2 block. A unique opportunity, the home has tenants in place in both 5 and 5A with a monthly rental income of $3,400 per month. This gives you the chance to have an architect design your plans while still earning some income from the home. The tenants in 5 Charteris are on a fixed lease until 9th November 2021 while the tenants in 5A are on a periodic lease.
The plans are for 6 tri-level terrace-style villas each with the option of lift access from the basement garage that can accommodate up to 3 cars in units 1-4, and up to two cars in units 5-6. 4 of the town homes feature 3 bedrooms with the main bedroom complete with ensuite and walk-in robe on the ground floor. 2 of the town homes have 4 bedrooms, two of which are on the first floor, with the main bedroom complete with ensuite and walk-in robes. All homes allow for multiple living spaces with a large open plan living/dining on the first floor with a second living area upstairs with a spacious patio furthering your entertaining options. Each home features outdoor garden spaces with northerly aspects to the rear.
Centrally located, you will have access to all the Town Centre has to offer, including Westfield Woden Shopping Centre, cafés, shops, banking facilities, cinemas, clubs, the popular restaurant & bar precinct, public transport & the upcoming proposed light rail. Closer to home, is the Chifley Shopping Centre with the renown A bite to eat café that you can spend your weekend mornings relaxing with friends & family. You are also a short drive Mt Taylor Nature Reserve, parks, schools & major arterial roads.
For further information, please call Jonathan today to discuss your next investment.
Features:
- Combined block size of 2,191m2
- Fully DA approved plans for 6 terrace-style villas
- Short walk to Phillip Business District & Woden Town Centre
- 5 Charteris Crescent with tenants in place until 9th November with a monthly rental income of $3,400
- Close to bus stops, parks, Mount Taylor & prestigious schools
Figures:
3 Charteris Crescent:
- Rates: $4,900 p.a approx
- Land tax (investors only): $7,900 p.a approx
- Land value: $725,000
- Block size: 1,038m2
5 Charteris Crescent:
- Rates: $4,000 p.a approx
- Land tax (investors only): $6,200 p.a approx
- Land value: $593,000
- Block size: 1,153m2