Unique development opportunity in Prestige location (stca)
Located in an elevated cul-de-sac position, with wide ranging district views, this rare offering provides a blank canvas for the astute developer/builder to deliver a landmark luxury Townhouse or Apartment development, targeted to take advantage of continuing demand from downsizing owner occupiers, both local and out of area.
With a generous block size of approximately 992m² and R3 Zoning, scope exists to create either a boutique townhouse project or take advantage of the recently adopted Low and Mid Rise Housing (LMR ) State Govt planning code. Recent changes allow for a maximum FSR of 2.2:1 and height limit of 22 metres (or 6 storeys), all s.t.c.a.
Surrounded by both high-quality homes and boutique Townhouse developments, future dwellings in this location will prove popular to prospective purchasers. With the popular Southgate Shopping centre and bus transportation at the door, this unique site is one of the last remaining development opportunities in this quite precinct.
• Elevated, generous 992m² block with district views
• R3 Zoning
• Potential under State Government LMR policy for up to 2.2:1 FSR and 22 metres (stca)
• Surrounded by high quality homes and boutique projects
• Located adjacent to Southgate shopping centre, bus at the door
Call exclusive agents, Greg Sharp 0409 287 200 or Peter Leckie on 0414 419 328
