This 1207 sqm site, Zoned R1 - General Residential, comes with a Development Application approved back in 2004 to demolish and build five new 2-bedroom villas with architectural work and construction certificate (dated 2009) included with the sale, along with a proposed guaranteed vendor buy-back of 1 or 2 of the villas should the purchaser-developer wish. Plans have been drawn up by renowned local architect Richard Van Dorp and could take advantage of the current housing crisis by providing high-quality low set rental or owner-occupied accommodation that's both retiree friendly and suitable for singles or childless couples (STCA). The site is located close to Sth Grafton Primary School and heated pool and has gentle slope. The existing house is currently rented. Contact agent Angus McKimm for details and plans. Council rates - $3400 p.a.