Set in a commanding tightly held position just 200 meters from the water’s edge and serene reserve, this rare offering is a true gem for developers, investors, and visionaries alike. Positioned on the fringe of blue-chip Kangaroo Point and nearly across the street of peaceful nature reserve, the property boasts elevated private views and immense future potential.
Whether you’re looking to build your dream home, duplex (STCA R2 zoning) or unlock development value, this 613.4sqm (approx.) block presents a golden opportunity. With the new building codes recently approved and fast-tracking development and types of development permitted, this site is primed for capitalisation especially with the potential for sweeping 2nd-storey views and its location.
The existing home is livable and rent-able, offering holding income while you finalise your plans and approvals.
This is a rare and exciting opportunity not to be missed first time offered in nearly 30 years and will be sold at Auction unless sold prior!
Call Michael Stojanovic today!
