Substantial Land Holding or Development Opportunity
Located on a large 1423sqm block directly next-door to the Hospital and minutes walk from the Town centre of Babinda is a fabulous opportunity to land bank or develop (Subject to Relevant Approvals).
The old structure on the property is in poor condition and was the old Stones Masonry quatres. It currently has a Places of Significant overlay however with a structural engineers report deeming the building not viable for restoration it is possible that this structure could be removed or demolished. The owner of the property had engaged a structural engineer to assess the property in March 2020 which can be provided upon request.
Should development of this property be granted, the location, size, and low-medium residential zoning would make this a very valuable land holding.
It is strongly recommend that buyers conduct their own due diligence on what can and can't be done with this property.
For more information or to express your interest in the property please contact the agent below:
Ben Whitton l 0409 343 474 l ben@cpo.com.au
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