This property is located close to the estuary in Australind and Zoned R15/30/50.
The land content is 2024m2* which would allow for 7 strata lots to be developed using the R30 coding (subject to approvals). The house on the property is currently leased, so you can earn an income while you get your development plans ready, or you could develop that back half and then remove the current house and develop the second half.
The location is great and there is a real shortage of land in the area, so the time is right for this type of investment.
• 2024m2 of Development Land.
• Zoned R15/30/50.
• 7 Unit Development site.
• Sewer, power & gas are all connected to the main dwelling.
• Great Location in Central Australind.
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