Develop & prosper - R60 6-unit site

Build your wealth with this enormous R60 zoned 1173sqm parcel of land that is ripe for residential development. Centrally located in the thriving inner-city precinct, close by to the Forum shopping centre, medical facilities, schools, train station, foreshore/cafe strip, beach, marina and every convenience.<br/><br/>Offering a prime opportunity to develop up to 6 group dwellings (units/townhouses/apartments) on site with a 2-storey frontage. All plans are subject to council approval. <br/>All services including deep sewer, water, gas, NBN available for connection and boasting a generous 32 metre street-wide frontage, allowing great access and scope for development. <br/><br/>An exciting and savvy investment opportunity to develop multiple properties and maximise your return with the rental market sitting in high demand. <br/><br/>Dimensions:<br/>- Front: 32.76m<br/>- LHS: 52.79m<br/>- RHS: 46.27m<br/>- Rear: 15.03m<br/>- Lot: 1173sqm<br/><br/>Approximate Outgoings:<br/>- Council Rates: $1,070 per annum<br/>- Water Rates: $640 per annum