Property Description

• Mortgagee sale
• 5,437sqm (approximately) with two dwellings held in two titles
• Proposed scheme plans providing 75 apartments over two blocks
• Intensive residential redevelopment potential or downscale to suit
• Fast growing city fringe location with easy public transport connections

The property enjoys a fantastic outlook over the bush-clad Oakley Stream, and its convenient location provides for access to a number of local parks, St Lukes Shopping Centre, and motorway links. Explore the opportunities under the current scheme plan or come up with your own vision.
Secure at the right price now and enjoy the future upside. Present all offers, this must be sold.

*Sale subject to mortgagee terms and conditions of sale. Purchasers are requested to review the information memorandum and draft sale and purchase agreement.

DISCLAIMER
1.1 Persons accessing information available through this Property Files link (each a “Recipient”) agree and acknowledge that the information is confidential to the vendor, the registered proprietor and Bayleys Real Estate Limited. The information is to be used only for the purposes of considering a possible acquisition of the subject property and is to be kept strictly confidential. Disclosure is permitted only to representatives who have a reasonable need to review the information to assist with a possible acquisition of the property, and only on the basis that representatives will keep the subject information confidential. The Recipient is responsible at all times for the acts or omissions of its representatives.

1.2 The Recipient must keep confidential information under the Recipient's control (except as permitted with respect to a representative) and immediately notify Bayleys Real Estate Limited of any suspected or actual unauthorised use, copying or disclosure of the information. The Recipient must provide assistance, reasonably requested by Bayleys Real Estate Limited, in relation to any proceedings Bayleys Real Estate Limited or the vendor may take against any person for unauthorised use, copying or disclosure of confidential information.

1.3 The Recipient acknowledges that Bayleys Real Estate Limited and the vendor and their respective directors, employees, shareholders, agents or advisers do not make any representation or warranty as to the suitability, accuracy or completeness of the information available through this Property Files link or any other information disclosed to the Recipient by Bayleys Real Estate Limited or the vendor (together “Information”). None of these persons have any liability for any claims, expenses, losses, damages and costs the Recipient may incur as a result of use of the Information or the Information being unsuitable, inaccurate or incomplete in any way, for any reason.

1.4 A mortgagee sale can present risks to a purchaser. Each Recipient should conduct its own independent verification of the Information provided to it, as well as their own investigation and analysis of the property. The Recipient is urged to take independent financial, taxation, accounting, legal and other advice before entering into any contract or agreement regarding the property.

1.5 The Recipient is advised that tenders, in relation to the prospective sale of the property, are subject to the mortgagor’s right of redemption and any restrictions on sale provided for in the Property Law Act 2007 or otherwise.