24 Rose Street
Murrumbateman NSW 2582
- 4 Bed
- 1 Bath
- 4 Parks
Contact Agent
Renovation and Subdivision Opportunities - Prime Location – 2289m2 Block
PLEASE NOTE: LOT 51 IS NOW UNDER OFFER. THE BARE LOT (LOT 50) REMAINS AVAILABLE24-26 Rose Street is a dynamic property package that consists of a spacious home with adjoining separately titled bare block with an additional building entitlement.
Renovating a home can be an exciting project that brings your creativity to life. Whether you're looking to put a personal stamp on a forever home, or just itching to get your hands on a potential-driven saleable investment, every home renovation journey starts with the first step of finding the best property for the job.
Located 25 minutes from Canberra and overlooking the newly developed Fairley Estate in the ever popular and rapidly growing rural village of Murrumbateman, 24-26 Rose Street has two separate adjoining titles with a second residential building entitlement and boundless opportunities for the renovator, developer or investor.
Now available as two separate lots or a combination of both, each Lot has RU5 Village Residential zoning and there's an existing house and garage shed on the larger 1341m2 lot. The adjoining 995m2 bare Lot has scope to construct a second home for an extended family set-up, rental income or sales investment.
Firstly, the opportunities appear endless for the renovation or knock down/rebuild of the existing home on the larger Lot.
The Lot's huge backyard and massive four-car garage shed provides ample space to store renovation materials, and electricity, internet, bottled gas and town/tank water and sewerage are all connected and ready to use.
The existing home needs substantial renovations to meet minimum occupancy expectations, with building, pest and asbestos reports being available from the agent upon request.
Secondly, the bare corner Lot virtually adjoins the modern and newly constructed Fairley Estate with its boutique commercial complex and primary school. This Lot presents an outstanding opportunity to place your new home near Murrumbateman's high quality new generation homes, and has easy connectivity to power, village water, town sewerage and other village services. Also, the property is a stroll away from the original village precinct with its broad array of outlets.
Essentially, whether you're a creative renovator, builder or developer this wonderful canvas could be ideal for your next project. As a lower cost alternative to the Canberra property market, it certainly presents an attractive and compelling opportunity.
Property Technical Specifications
●Basis of Sale: 24-26 Rose Street Murrumbateman is available for sale via 3 options: PLEASE NOTE: LOT 51 IS NOW UNDER OFFER
1. as a total property of 2 blocks (surveyed at 2336m2) with 2 separate titles for $1,150,000 – note council rates are based on an area of 2289m2 -LOT 51 IS NOW UNDER OFFER
2. as Lot 51 (surveyed at 1341m2) with the existing residential/shed component for $690,000 - UNDER OFFER
3. as Lot 50 being (surveyed at 995m2) bare lot (including approved open/closed bay shelter building) with residential building entitlement for $539,000
Note: Both lots are on pre-existing separate titles but are subject to Complying Development Boundary Adjustment & Plan Registration to complete the surveyed boundaries STCA (expected August/September based on estimated processing time) & as a condition of settlement. A purchase of both titles can be exchanged without being subject to plan registration
●Documentation available upon request:
- single marketing contract for both lots or separate marketing contract for either individual lot
- existing residence building and pest inspection reports current dated May 2023
- existing residence asbestos reports
- boundary adjustment survey
●LOT 51 RESIDENCE BLOCK: surveyed at 1341m2
●Residential features main living areas:
-established 1970's, brick veneer with hardwood cut roof truss construction on piers
-120m2/12.9sq of area under roof (approximately)
-16m2 arrival porch leading to formal entry foyer to the home
-21m2 formal lounge room
-19m2 galley kitchen/meals room with dishwasher, drinking water purification system under sink
-4 bedrooms – 3 with robes
-bathroom with spa & separate WC – both needing renovation/replacement
-additional toilet & shower in large laundry room- functional
-modern tiling in hall, dining & kitchen areas
-timber floors in bedrooms & lounge area
-large fully fenced yard with shade trees- suitable for pets & children
●Climate control:
-3KVA reverse cycle air conditioner in good working condition
-solid fuel fan forced slow combustion heater in main living area
-ducted underfloor gas heating
●Garaging: four-car fully enclosed Colourbond steel garage (14m x 7m) on concrete base with connected power, 2 electric vehicle entry doors & 1 rear vehicle exit roller door
●Solar: 6KVA solar inverter with garage roof mounted solar panels and grid feed-in
●Hot water: off-peak electric hot water- recently replaced
●Potable water supply: 18000L rainwater tank storage (15000lt/3300gall & 3000lt/660gall) above ground rainwater tanks
●Town water supply: Murrumbateman village water to external taps, laundry & WC flushing
•Sewerage: connected to village sewer system
•LOT 50 BARE BLOCK: surveyed at 995m2
-Corner block facing Rose/North Sts
-residential building entitlement per RU5 residential zoning
-council approved open shelter structure with enclosed utility room at the rear of the block – power connected
-fully fenced including new Colorbond lot dividing fence
-power & water connections available from Rose St. front of property
-town sewerage connection point at rear of property
-current double gate vehicle access off North St. with possible entry point off Rose St.
-pre-existing decommissioned on-site sewerage system
-construction of a new dwelling is STCA & removal/clearance of existing trees
●Zoning & Rates: Yass Valley Council RU5 (village) $2,838pa for both blocks
Features
General Features
- Property Type: House
- Bedrooms: 4
- Bathrooms: 1
Indoor Features
- Toilets: 1
Outdoor Features
- Garage Spaces: 4
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