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5 Blanche Street
St Leonards

6
3
3

$1,390,000

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Two Separate Houses on a 1,019m2 Allotment in this Prime Position

Ideally located just a minute’s walk to the beach and main street shopping precinct, this property is currently configured as a modern two-level home facing the street with a second single level home behind. Plans and permits were obtained to subdivide the existing 1,091 m2 allotment to create separate titles for the 2 dwellings and to construct a pair of townhouses on vacant land with created allotments. The survey plan also allowed for a shared driveway to service the site.

Many opportunities present

Option 1 -The lifestyle option of living in the modern home and having an investment property ready to go behind with lots of land for storing boats and vans with the knowledge that the overall property has potential development options in the future.

Option 2 – Go back to council to apply for Re- approval of previously approved plans and move forward with the development of 2 new townhouses at the rear of the property while retaining the existing 2 dwellings on site. Previously approved plans available for reference only.

Option 3 – Keep the existing modern home on the site and apply to Council to demolish the single level property behind the main home and construct 3 brand new townhouses on slightly larger allotments.

Whichever option you decide you can be assured that the excellent location in this growing seaside township will secure your future while you enjoy the relaxed lifestyle.

Main Residence
• Three generous bedrooms
• 2 Bathrooms
• Family room downstairs
• Huge open plan living and dining
• Adjacent to well appointed kitchen
• Direct access to large balcony
Rear Dwelling
• Three generous bedrooms
• Main bathroom
• Large open plan living area
• Neat kitchen adjacent dining

For more information or to arrange an inspection contact Tony Young today.