9 Creswell Street, Crib Point, VIC, 3919

For Sale

9 Creswell Street, Crib Point, VIC, 3919

$1,500,000

3753 m²

Land

•

3 days on the market

View agent price guide

What's around 9 Creswell Street

Approved Subdivision - Develop, Sell or Hold

An outstanding opportunity to secure an approved subdivision project positioned on the prominent corner of Creswell Street and Glossop Street. With planning approval already in place, this development is ready for the next owner to complete and capitalise on. The subdivision has been approved over two stages, providing flexibility to develop in line with your investment strategy. Stage 1 comprises Lots 3, 4 and 5, which are ready to be developed, subdivided and sold. Stage 2 comprises Lots 1 and 2, offering the option to develop concurrently or retain for future development, allowing you to maximise returns over time. The current owner has already completed a portion of the required civil works, including power and stormwater infrastructure, reducing both the time and cost required to bring the project to completion. Key Features: - Approved two-stage subdivision creating five lots - Planning permit and endorsed plans in place - Power and stormwater works partially completed - Flexible staging to suit your development strategy - Excellent opportunity for developers, investors and builders Price excludes GST. Settlement terms can be negotiated. Contact Dominic Tallon to discuss further. Whether you're looking for your next boutique development project or a site with the flexibility to stage and realise future value, this is an opportunity not to be missed.