Home / Buy / 4 and 6 McKenzie Avenue, WOLLONGONG NSW 2500
4 and 6 McKenzie Avenue, WOLLONGONG NSW 2500 For Sale
$2,000,000 to $2,200,000
Close to Schools
Close to Shops
Close to Transport
Polished Timber Floor
A host of possibilities for this rare 2,574m2 parcel made up of two double size blocks just 1.4 kilometres to Wollongong’s city centre, with a short walk of under 750 metres to Wollongong Hospitals or Train Station. Existing improvements comprise of two well maintained cottages with loads of character featuring high ceilings and polished timber floors.
With an R2 Low Density Residential zoning, subject to council approval, the following may be a possibility
1. Multi-dwellings with a mix of townhouses and split level villas
2. Retain the two homes with an income stream, sub-divide one or two additional lots at the rear, retain or sell the existing homes at the front
3. Ideal as dual occupancy (STCA)
4. Create a large battleaxe block of over 1,000m2 at the rear for your dream home, then renovate and capitalize with a sale on the two homes at the front! A great opportunity to recuperate funds and value add.
An elevated position offering a pleasant north-easterly aspect at the rear with views over the city to the coastline. Rarely do such large blocks come to the market so close to the city!
Contour Survey available.
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