Hello all,
I own a property in Caringbah on Taren Point Rd. My property backs on to the top section of the high school which is currently abandoned having been sold to developers in recent time.
I received a letter from the council stating the land for which my property occupies is being re-zoned to High Density.
What would this mean for my property? Would my property appreciate or depreciate? Is there a likelihood that developers will come knocking with offers?
Any input would be appreciated.
Cheers,
Darren.
I own a property in Caringbah on Taren Point Rd. My property backs on to the top section of the high school which is currently abandoned having been sold to developers in recent time.
I received a letter from the council stating the land for which my property occupies is being re-zoned to High Density.
What would this mean for my property? Would my property appreciate or depreciate? Is there a likelihood that developers will come knocking with offers?
Any input would be appreciated.
Cheers,
Darren.