Walking distance to the sands and waters of Kurrimine Beach, this 4.3Ha freehold allotment offers an expanse of flat, usable land and existing approval for subdivision into 18x half acre residential lots.
The existing DA (Development Approval) provides for a reconfiguration of the current single lot into 18 new allotments, with a new trunk road and sizes ranging from 2,000m2 to 2,381m2 - ideally suited to the lifestyle aspirations of this beachside suburb and those seeking room for a residence, shed and more.
Currently valid through to 11th October 2024, the existing approval also includes a substantial benefit in the form of an exemption from Council levied Infrastructure Charges on the development. With these costs normally in the order of $18,000 (or more) per Lot, there is a potential saving of over $320,000 available, provided the development proceeds in its current format.
For more information or to obtain the contract and Information Memorandum, contact Tom Quaid at Quaid Real Estate.
*sizes and boundary markings approximate only