45 Landseer Street, Raglan, NSW 2795

Property Info

Bedrooms: 5

Bathrooms: 3

Car Spaces: 3

Area: 1.05Ha

Offered for sale for the first time ever, this exceptional property is in a league of its own and is sure to surpass your expectations.

5 Bedrooms

3 Bathroom

2 Car Spaces

45 Landseer Street, Raglan, NSW 2795

PRICE GUIDE –> $2,500,000

Offered for sale for the first time ever, this exceptional property is in a league of its own and is sure to surpass your expectations. Situated on a generous 2.6-acre parcel boasting a quality family home, separate granny-flat, ample shedding, room for the horses and one of the rarest things in this market a potential multiple block subdivision possible (STCA). With so much on offer, we highly encourage arranging an inspection to truly appreciate.

Start your investment today by calling Grant Maskill-Dowton.

Exciting Development Opportunity:

This property is in a league of its own with livable options and a heap of potential subdivision layouts and investment opportunities.

One main hurdle is that each lot is a minimum of 900 square meters with a majority of residential parcels of land in Bathurst now measuring only 600-800 square meters these huge 900 square meter blocks will be the saving grace to this potential sub-division.

  • 6 x 900 square meter blocks – resale estimated value $400,000= $2.4 million
  • Existing homes- resale estimated value= $1.1 Million

Total Value $3.5 Million

Besides the cul-de-sac-styled arrangement you will see mocked up aside, there is the potential for a more oversized battle-axe-style with three lots of properties behind the existing dwelling with access handles on either side of the existing premise and these could range from 1500sqm to 1800sqm fitting into that lifestyle block. For more information about the council limitations within the property, you can contact Daniel Dwyer from Bathurst Regional at +612 6333 6212

Alternate Options

There is also the opportunity to create a split listing with the following specification for those looking for a quick resell. All of the below have been calculated based on current market trends.

  • 900 square meter blocks – resale value $400,000
  • Main House on 900 square meter block – resale value $650,000 – $700,000
  • 2 Bedroom house – resale value $450,000

The main house could also be rented for $500 a week and the 2 bedroom house with a rental value of $380 a week.

As you can see from the above, there are many opportunities for the keen-eyed investor. If you would like to learn more about the specifics of the property, you can find the auction contract below.

Grant Maskill-Dowton

Director

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