1636/1662 Kings Road, Oaklands Victoria

Description

This two-lot land assembly has special characteristics, making it an unusually interesting option in today's market. With over 82 feet of frontage, proximity to transit and amenities and current zoning, this site lends well to a rental apartment, small condominium, townhouses, or any other multi-family use. Both properties have the same owner, making outcomes secure and easy to navigate. The owner is willing to cooperate to make a smooth streamlined process, to mitigate carrying costs, and is able to cooperate on closing dates, and conditional periods. The adjacent property owners may be interested in joining a sale or redevelopment, opening possibilities for more zoning improvements, density bonuses and parking relaxations for all of the lots. Ask for relevant details about the site created by Design Zone, showing real numbers based on Surveys of the two lots, current zoning, and realistic expectations for parking and buildable area. Asking $1,950,000 total for the two combined lots. (id:39198)