A Huge Development 2024m2 Potential!

138/140 Grey Street, Kalbarri, 6536

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1,400,000 AUDEst. Mortgage: AUD 9,837/monthFor Sale
  • Ownership Type House
  • Property Area 2,024 sqft
  • Bedrooms 8
  • Bathrooms 4
  • Furnished No
  • Last Updated 5th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

What an opportunity to bring to market these two adjoining, separately titled blocks for sale with a total land area of 2024m2. A great deal for renovators, developers and investors! Located on the water front strip of the beautiful Gantheaume Bay, this location cannot be surpassed. Everything you need is within close proximity, IGA Kalbarri, Golf & Lawn Bowls Club and a pristine beachfront for swimming and watching the pelican feeding.

The four x two-bedroom units are fully furnished and currently rented as short stay accommodation "Reef & Sands" via Ray White Kalbarri. The land is R60 zoned "Special Tourist Precinct" and is governed by the Shire of Northampton. The indication from the Council is that upon Shire Approval, there is the ability to build a 12 unit development across the two sites. Ideal to use as your own holiday oasis, short stay accommodation or develop your own mini resort. With Kalbarri's booming tourism, this means high demand for accommodation. Hurry and take advantage of this rare opportunity!

Location on Google Map

138/140 Grey Street, Kalbarri, 6536

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