Develop & prosper - R60 6-unit site
Build your wealth with this enormous R60 zoned 1173sqm parcel of land that is ripe for residential development. Centrally located in the thriving inner-city precinct, close by to the Forum shopping centre, medical facilities, schools, train station, foreshore/cafe strip, beach, marina and every convenience.
Offering a prime opportunity to develop up to 6 group dwellings (units/townhouses/apartments) on site with a 2-storey frontage. All plans are subject to council approval.
All services including deep sewer, water, gas, NBN available for connection and boasting a generous 32 metre street-wide frontage, allowing great access and scope for development.
An exciting and savvy investment opportunity to develop multiple properties and maximise your return with the rental market sitting in high demand.
Dimensions:
- Front: 32.76m
- LHS: 52.79m
- RHS: 46.27m
- Rear: 15.03m
- Lot: 1173sqm
Approximate Outgoings:
- Council Rates: $1,070 per annum
- Water Rates: $640 per annum
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