Back to Listings

38-40 Panorama Road

$1.1m | St Georges Basin

3 1 1

Buy One Or Buy Both – The Choice Is Yours

This property is truly a unique offering as it is already on TWO separate titles.

What does this mean for you?

Option 1:  Purchase the total of 4,293 sqm comprising of two large lots for $1.1m.

You would have the luxury of building on one block, selling the other or holding both for your family’s future.

Alternatively, with 4,293 sqm and approx. 44.9m total frontage located at the end of a no through road this could be your next development project.

The site is zoned R2 low density residential. Within the zone, dual occupancies are permitted. With two allotments, subject to bushfire and flooding constraints, there is the possibility of building one dual occupancy on each title (STCA).

Option 2:  Choose which block you would like to buy: Lot 52 (1,745 sqm with 18.25 frontage) or Lot 53 (2,548 sqm with 26.65m frontage).

The owners understand that to be sold separately the existing infrastructure will need to be removed prior to settlement. As such, they are open to negotiate terms and work with prospective purchasers to enable this to happen.

Significant savings in stamp duty, sub-division and demolition costs. There is also the benefit of a delayed settlement, giving you time to organise your finances and prepare building plans.

If you’ve been waiting for the perfect place to build your dream home and can allow yourself to think outside the square then the time to realise the potential here is now.

For more information or to discuss your options please contact Gary Hall on 0490 334 124.

Contact me about this property