DEVELOP OR LIVE IN AND LAND BANK FOR THE FUTURE!
Don't miss this rare opportunity to secure a large parcel of land within the Port Macquarie Health & Education Precinct. This 3289m2 block represents a fantastic opportunity for developers to make their mark as Port Macquarie continues its unstoppable growth.
- Brick veneer 4 bedroom home with two bathrooms, two car garage and granny flat.
- Backs onto industrial area
- Zoned R1 with possibility for rezoning to Medium Density Residential (stca) with precedence in the street.
- Initial concept plan for 10-12 townhouses
- Development precinct close to hospital & university
- Proposed hospital carpark across the road
- Potential rent income of $750pw
The property boasts a well maintained home, complete with four bedrooms, separate flat, two car garage, double carport and additional shed. This home could also suit a tradesman as there is access to the rear with plenty of room to erect a huge shed OR it could suit a professional looking to live in now and develop later.
Close to medical facilities and university, what a great opportunity to develop now or live in and land bank for future development. Zoned in the Health & Education Precinct this property has so much potential.
Port Macquarie is experiencing a huge demand for private residential accommodation. With the expansion of the public hospital, continued growth and expansion of Charles Sturt University, and growing numbers of new families moving to town, affordable accommodation options are becoming very hard to find.
Book your inspection today, call Jenny Magill on 0490 403 051
Remember to mention you found this property on DevelopmentReady
