Located at 69 Glebe Road, Pembroke, this property offers approximately 0.138 acres of prime land with attractive overland views and presents an excellent opportunity for development or investment.
The property includes plans dating from 2007 that were previously approved for the construction of two semi-attached townhouse units. While the plans had prior approval, a new owner would be required to reapply for the necessary planning permissions.
Unit 1 features a thoughtfully designed layout with two bedrooms and one bathroom on the upper level. The lower level includes a powder room, kitchen, combined living and dining area, and laundry room.
Unit 2 offers three bedrooms and two bathrooms upstairs, including a primary bedroom with an ensuite bathroom. The lower level provides a kitchen, spacious living room, dining room, powder room, office nook, and laundry room.
With the potential to create two income-producing residences, this property presents an attractive opportunity for investors seeking rental income. It could also appeal to an owner-occupier looking to live in one unit while generating additional income from the second.
Whether for development, investment, or a combination of both, 69 Glebe Road offers excellent potential in a convenient Pembroke location.
To find out more about mortgages through Morston Financial, contact us today at mortgages@morstonfinancial.com or visit our website at morstonfinancial.com
Monthly repayment is an estimate for guidance only. Calculation is based on an interest rate of 7.00%, 30% deposit over a 25 year period.