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Attention shrewd investors, developers and builders!
This magnificent ‘blue-chip’ waterfront development site and investment opportunity sits very high and proud above Moreton Bay in the much sought after bayside suburb of Cleveland.
Astute investors and property professionals will know that landmark sites like this one are ‘as rare as hens teeth’. They will also know that obtaining development approvals for these types of sites is only getting tougher if not possible, so the existing approval that provides for the creation of five (5) prestigious home sites is a massive advantage and bonus. The hard work has all been done by the current owners and development approvals are now in place to enable a prompt start on construction if this is your plan.
The costs of completing the approved subdivision are very low due to the extent of existing construction and street frontage, and the near flat nature of the development extent. An inspection will also confirm that significant water views are available from ground level, such is the elevation of the property.
Importantly, the existing dwelling provides significant advantages for the investor and the move forward options are numerous.
Its the perfect opportunity to deliver a boutique ‘house & land’ packages in a rising marketplace, one that arguably has nil direct competition in light of its very unique qualities.
The other genuine option is to sit quietly and watch its value continue to soar, and sell or develop it at a time of your own choosing. There is plenty of evidence to suggest that special or ‘hero’ sites like this one often reap more by doing absolutely nothing!
Contact us know for further information regarding this outstanding opportunity
or to arrange a personal inspection!
Remember to mention you found this property on DevelopmentReady.com.au