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Located within strolling distance of Murrumbateman's commercial precinct, the conditional consent to sub-divide and add a new dwelling to 2 Rose Street provides a broad selection of investment and lifestyle opportunities.
Currently consisting of a comfortably leased 3 bedroom/160m2 cottage with attached carports on a 1998m2 block, the development consent to sub-divide the property into two 999m2 lots plus build a new dwelling generates a clear set of fresh dynamics for this village property.
Firstly, the existing cottage on proposed Lot 1 would remain in place, potentially providing a first instance rental income. Under this scenario Lot 2 could be developed with a new dwelling for owner habitation, lease and/or eventual sale.
Secondly, Lot 2 could be developed with a new dwelling and both lots independently sold as established properties.
Thirdly, with 2 dwellings the property would suit an extended family purchase requiring separate titles.
Whilst there are other specific ways to view what could be done with the subdivision of 2 Rose Street, the overall opportunities are obvious.
Please contact the listing agent for further details.
Property Technical Specifications
•Sub-Division of 2 Rose Street, Murrumbateman:
-DA 200184 Yass Valley Council: development consent was granted in October 2020 & terminates 29th October 2025 if works haven't been suitably commenced
-scope covers the sub-division of 2 Rose Street Murrumbateman into 2 same-sized 999m2 lots under Torrens Title with a driveway for the existing cottage (Lot 1) off South Street & (Lot 2) bare lot off Rose Street
-the conditional development consent covers a new dwelling house- council approved plans are available for a proposed 3 bedroom/181m2 new home to be built on (Lot 2)- these plans DO NOT need to be used & a fresh DA can be lodged for either a variation to plan of new design
-to assist a potential buyer, determine a sub-divided (or individual lot) market worth of this property, the listing agent can provide recent examples of sub-divided bare lots under RU5 (village) zoning & sales for 3 bedroom dwellings under RU5 (village) zoning
•Existing Cottage: built c.mid-1970's, 113.37m2 of residential living area, 12m2 of attached single carport area, 35m2 of rear double carport/alfresco portico, total area under roof: 160.37m2/17.24sq (approximately)
•Status: under fixed term lease via Elders– details available from the listing agent
•Garaging: attached double carport with direct access to the home, attached single carport, detached single garage/storage shed (to be removed with sub-division), ample off-street guest parking
•Residential features main living area:
-3 spacious bedrooms- 2 with robes & the master with ensuite
-fully equipped country-style kitchen with dishwasher, gas cooker & generous storage space
-dining/family meals area adjacent to the kitchen with French door access to a raised alfresco deck
-large central living area with light filling dual aspect- French doors to the rear gardens & polished pine timber floors
-country/industrial themed family bathroom & master bedroom ensuite
-recent carpets, window treatments & insect screens
•Climate control: 2 x 3.5kw split cycle air-conditioning units - master bedroom & living area
•Hot water: Gas (LPG storage)
•Potable water supply:15,000lt/3,300gall rainwater tank - plumbed to kitchen tap only
•Non-potable water supply: Murrumbateman village water for washing/flushing & garden purposes
•Current sewerage: septic system (connection is available to the the village sewerage system)
•Block: 1,998m2 of level to mildly falling land to Rose Street
•Zoning & Rates: Yass Valley Council $2,249.50pa, zoned RU5 (village)
•Services: 5 day letter mail delivery at the front gate, weekly rubbish and fortnightly recycling collections, school bus services to/from Canberra/Yass, cable NBN available
•Location: Murrumbateman village- short stroll to the village precinct shops with its general store/butcher/cafes/chemist & doctors/dentist/hairdressers/family inn, 12 minutes to Yass township, 25 minutes to Canberra's northern areas
•Additional Services: strolling distance to the new Fairley Early Childhood Service, (full day care centre, school holiday programmes - hours 7am-6.30pm weekdays) and MECCA (Murrumbateman Early Childhood Centre Assoc. 3-5 year olds - hours 8am-4pm weekdays) & the new primary school which is due for opening 2023
•Note: any references to suggested developments in addition to those mentioned in the Conditional Development Consent will be subject to council approval and relevant costings. Buyers will need to conduct appropriate research/reconnaissance prior to determining if this property & its development scope fulfills their needs
The House at 2 Rose Street MURRUMBATEMAN, NSW 2582 has been sold 1 time before, with the most recent sale being for $320,000 on 6 October 2010.
2 Rose Street is located within the suburb of Murrumbateman, which has a population of 3,219, a median age of 40 and an average household density of 3.1 people.