A TRULY UNIQUE OPPORTUNITY FOR REDEVELOPMENT IN A PRISTINE LOCATION, HARMONIOUSLY ACCENTUATING THE NATURAL PARKLAND AND THE GLORIOUS VIEWS OF THE PRISTINE MORETON BAY
This site boasts the best of the Bayside with the bay at your doorstep, capturing magnificent water views to Stradbroke and over Raby Bay… with the rise of Toondah Harbour on the go this is a once in a lifetime opportunity for a developer, investor or someone looking to add to their property profile to secure one of the last parcels of land in the QLD GOVERNMENT PRIORITY DEVELOPMENT AREA.
Two blocks are on offer for sale as a parcel with a combined total land area of 2,226m2, zoned MEDIUM DENSITY RESIDENTIAL- SUBAREA MDR1.
The site features:
• Build up to 7 storeys under the QLD GOV PDA SCHEME (subject to approval)
• Ideal site for NDIS schemed development (subject to approvals)
• Two dwelling on two separate titles Lot 12 (1,151m2) & Lot 12 (1,075m2)
• Outstanding location Backing onto GJ Walter Park and Cleveland Foreshore
• Capturing 270 degrees water views from 17m
• Rectangular shaped block with a 40.5m frontage
• Walking distance to Cleveland ferries & Cleveland RSL
• Surrounded by the iconic heritage listed Grand View Hotel, The Courthouse Restaurant, Cleveland Lighthouse & positioned next the Fernleigh House – Cleveland’s first State School.
• Generate an income leasing the two dwellings until you’re ready to develop
• Positioned within 2km of Central Cleveland, Cleveland Train Station, Raby Bay dining precinct, major amenities, transport and Cleveland State School
Land is scarce in this sought-after precinct and the upside opportunities are attractive and varied – this site won’t last long. Demolish, develop and take advantage of the demand for apartment living or add to your property portfolio and landbank for the future.
IN AN ENVIRONMENT AND MARKET WHERE SUPPLY CANNOT KEEP UP WITH DEMAND, THIS IS AN OPPORTUNITY TO CAPITALISE ON- WE ENCOURAGE DEVELOPERS TO SEIZE THIS OPPORTUNITY.
AUCTION: ON SITE 30TH OCTOBER AT 11AM
CONTACT: JAN GOETZE 0418 885 523
SHANNA DALE: 0424 182 732
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|R&H Suburb Summary||Houses|
|Number of sales||359|
|Median Rental Price||$550 p.w.|
|Change in Rental Rate (5yr)||17 %|
|R&H Suburb Summary||Units|
|Number of sales||245|
|Median Rental Price||$425 p.w.|
|Change in Rental Rate (5yr)||6 %|