This expansive 1065sqm R60-zoned land offers an exceptional development opportunity for those looking to capitalize on inner-city growth. With the potential to construct up to 6 and possibly 7 dwellings (subject to council approval), this site is well-suited for a residential project that meets the increasing demand for urban housing. The property features a generous 20.2m street frontage and 52.9m depth, providing ample design flexibility, and benefits from the availability of essential services, including power, water, gas, and deep sewerage, streamlining the development process.
Strategically located, the site is within walking distance of the Forum Shopping Centre, offering retail and dining options, as well as the nearby train station for seamless transport connections. Medical facilities, recreational spaces, the foreshore, and popular beaches are all easily accessible, making this location highly desirable for future residents.
With strong market demand for inner-city living, this well-positioned land parcel presents an ideal investment opportunity for developers or investors looking to maximize returns in a thriving area.
Key Features:
? Generous Land Size: 1065sqm
? R60 Zoning: Allows for high-density development
? Prime Location: Close to Forum Shopping Centre, train station, medical facilities,
foreshore, beaches, and more
? Wide Street Frontage 20.2m
? Depth 52.9 M
? Utilities Available: Power, water, gas, and deep sewer
? Strong investment potential
Approximate Outgoings:
? Council Rates: $1,100 per annum
? Water Rates: $680 per annum
This is a rare opportunity and is expected to go quick, so don't miss out, contact exclusive listing agent Kent Murphy today.