Raceview subdivision 1 to 3 lots
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Raceview subdivision 1 to 3 lots
Description

This project demonstrate how subdivision activity is changing the area from older detached homes on large allotments into smaller 3 residential lots and newer accommodation products.
Originally a large farmhouse property on approximately 2,255m²
Timeline:
Late Jan 2023: The property was settled with noted “further development potential”
July 2023: Leased the existing house
2023-2024: work on new development in one lot (rooming accommodation) – Lot B
Feb 2026: The existing is sold (lot A). New built rooming accommodation in lot B completed
Early May 2026: Sold lot B
Next Step: selling the remaining vacant land or building another rooming accommodation


New development – rooming accommodation
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Address
Open on Google Maps- Thao Le