Zoned R1 General Residential, this level 659.5m2 vacant parcel of land is situated in popular Park Beach. It's a prime location being an easy 5 minute stroll to pristine beaches, shopping, cafes and clubs and with a positive shift in demographic and a surge of new development, Park Beach is on the move.
Unconventional in shape and having no physical frontage to Prince Street does makes this block one for the visionary - however its got potential. Vehicular access is legally available via an unformed laneway off Phillip Street at the rear of the property. At this stage council have no intention of extending the laneway, however informal discussions with council suggest that the installation of a bitumen sealed road, kerbing and storm water drainage would allow access to the subject lot. All works would be subject to council approval and at the expense of the applicant.
Buyers with experience in the civil works industry, this could be right up your alley and potentially prove a profitable exercise. Alternatively others may simply wish to land bank this one for future opportunities.
So make your enquiries, do your sums and tell us what you are prepared to pay, noting all offers must be submitted on the official Expressions of Interest offer form and submitted by 2pm on Monday 2nd November 2020.
For further information, or to obtain a copy of the contract and offer form please contact the listing agent.
