Talk about an exceptional parcel for the future! Located in the suburb of Utakarra, this is just a 5 to 10-minute drive into the heart of the Geraldton CBD. Deep sewer is available at the front of the lot and with a zoning of R30, the possible yield is exceptional (333 m2 per lot minimum size).
The area is already predominantly residential (2 churches nearby) and although sub-dividing and developing in the current climate would may not be viable while prices are only just starting, buying and holding for better times may well be worth considering.
The land is almost all cleared and quite flat so development costs should be minimal.
As with any residential land that is sub-dividable, it is imperative that you do your own due diligence by speaking to the City or a qualified planner.
Give me a call today if this sounds like something you would be interested in Henry 0429 995 121
https://www.midwesttimes.com.au/news/regional/spudshed-development-given-green-light-by-city-of-greater-geraldton-set-to-be-open-by-christmas-c-13915442
*Please be advised that this information has been supplied to the best of the agent's knowledge however, it is always advisable for you to complete your own research and due diligence in these matters.
