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9 Creswell Street

Crib Point VIC 3919

3753 m²
Land
Currently for sale - view listing

Overview

Approved Subdivision - Develop, Sell or Hold

An outstanding opportunity to secure an approved subdivision project positioned on the prominent corner of Creswell Street and Glossop Street. With planning approval already in place, this development is ready for the next owner to complete and capitalise on. The subdivision has been approved over two stages, providing flexibility to develop in line with your investment strategy. Stage 1 comprises Lots 3, 4 and 5, which are ready to be developed, subdivided and sold. Stage 2 comprises Lots 1 and 2, offering the option to develop concurrently or retain for future development, allowing you to maximise returns over time. The current owner has already completed a portion of the required civil works, including power and stormwater infrastructure, reducing both the time and cost required to bring the project to completion. Key Features: - Approved two-stage subdivision creating five lots - Planning permit and endorsed plans in place - Power and stormwater works partially completed - Flexible staging to suit your development strategy - Excellent opportunity for developers, investors and builders Price excludes GST. Settlement terms can be negotiated. Contact Dominic Tallon to discuss further. Whether you're looking for your next boutique development project or a site with the flexibility to stage and realise future value, this is an opportunity not to be missed.

Features

3753 m² lot size
Land

Property history for 9 Creswell Street

2022
Sold
$465,000
24 May 2022 by Dominic Tallon, of Tallon Estate Agents

Happy sellers in Crib Point

70%
70% of sellers in Crib Point reported that their sale price either exceeded or met their price expectations.

Crib Point stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Crib Point over the last 12 months.

Local market activity for land plots in Crib Point

In the last 12 months, 4 land plots similar to 9 Creswell Street, have been sold.

This represents a 64% increase in land plots sales when compared to the previous 12 months.

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