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3 Collingwood Rd Newport, VIC, 3015
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PREMIUM BAYSIDE NEWPORT DEVELOPMENT OPPORTUNITY

SOLD!

Collingwood road is one of the most coveted addresses in Bayside Newport, with convenient access to The Strand waterfront and parklands.  This former dairy site from c1928 of approximately 1,095 square metres presents a very rare and exciting development opportunity.  Not a great deal of imagination is required to see the potential to capitalise on this outstanding address with a 20.11 m frontage and have it realise a spectacular return on investment (STCA).

Double storey improvements could potentially provide stunning views.  The current brick home is rock solid, generously proportioned and comfortable to occupy or let during your development planning phase.  
The opportunity to secure a prime landholding with significant development potential in this premium area with strong growth trends is extremely rare, particularly given the holding income, premium waterfront location and exceptional site area. 

Remember to mention you found this property on Developmentready.com.au

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