13 acres zoned Residential + Home

Whether you were looking for an immediate option to develop or a medium to long term position, this property offers it all.
Situated on the edge of town on a 5.5 ha (13.59 acres) allotment, this property is zoned residential and also boasts a stunning home with numerous improvements. The house value alone combined with over 13 acres of residential land offers value through and through.
The development potential of this property is enormous considering it's close proximity to the town centre, perfect rectangle lot allowing for great size and shape on developed lots, it is predominantly cleared and is relatively flat and level.
With a single road down one boundary and perfectly rectangle lots running off, these potential lots would offer fantastic size, location and outlook in a great development perfectly situated between like minded land developments around. This option also allows for easy stage releases minimizing a full development costs.
Not forgetting the beautiful home currently on the property that boasts a huge master bedroom with walk in robe and big ensuite, wonderfully sized and functional kitchen, dining and lounge room areas, two other big bedrooms with built in robes and fans, second bathroom with separate bath and shower and a separate, well appointed office. All these areas are serviced by a wood fire and reverse cycle A/C.
Then there is the real hit. A stunning, fully enclosed outdoor patio area perfect for year round entertaining with a beautiful heated swimming pool, decked area around and a large paved area that will accommodate any sized patio table and outdoor kitchen.
There is a secure front and rear yard area which is fully landscaped, approximately 80,000 litres of rainwater, numerous garages and sheds, fruit trees, chicken run, horse round yard and stables.
The property is only around 200 metres to the town oval and short walk to the main beach, jetty and town centre.
The home is currently tenanted at $320 p/w and the location of the home would easily fit into the development around it with a simple change in access direction.
Development lots this good in Tumby Bay are rare and with the added bonus of a stunning home, this property really offers a great short, medium or long term hold with the zoning already taken care of.