Situated within a highly sort after location, this exciting development opportunity is a short walk from the proposed North Austral Retail Precinct.
Set in the rapidly growing suburb of Austral, this level 5 acre land parcel currently possesses a combination of R2 zoning (low density residential – 71.3%) and SP2 zoning (special purpose school infrastructure - 28.7%).
The property is also well positioned to access community amenities, existing and proposed school zones and the open space/parkland area proposed for the corner of Edmondson Avenue and Sixteenth Avenue.
With the first stage of wastewater services nearing completion in North Austral, this block is perfectly suited to the developer looking to secure a Stage 1 development site (STCA).
In addition to the potential development value, this property also has an existing 3 bedroom, one bathroom renovated home with a double lock up garage. Currently tenanted, this type of opportunity rarely come up for sale.
Key features of this land parcel include:
- 5 acres of level land
- Dual zoning including 3.565 acres of R2 low density residential
- Recently renovated and tenanted 3 bedroom home
- Well positioned within the first stage waste water services
- Potentially favourable indicative road layout
Don’t miss out on this unmatched opportunity to secure this centrally located land parcel.
