Situated on an enormous 14,260 sqm (approx.) block and enjoying triple street frontage and a spot just a stone’s throw to Lake Esmond, this magnificent opportunity is truly once in a lifetime. There have been proposed residential planning and re-zoning schemes submitted to council with a positive outlook pending further work and development. Current plans in place (STCA) include 33 unique and bespoke modular units for short term accommodation, along with include a car park, retail complex, and community garden. The current property has a lease in monthly by monthly with $90,000 rental returns per annum+GST& outgoing. Buyer can design developed or owner occupies for your best choose.
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