Description

Phone Enquiry Property ID: 2712 (Quote when calling or texting)

• Residential Development R20 zoning
• 29,713sqm Total Land Area
• Located only 3.8km from Geraldton Town Centre
• Adjacent to other established residential subdivisions
• Concept Plan for a 28-Lot subdivision ranging from 734sqm – 900sqm each.
• Potential for over 40-Lots with R20 zoning with an average of 450sqm per lot.
• Flat and most cleared development site
• All services available including scheme water, deep sewerage, electricity, NBN.
• Potential Retirement living (STCA)
• Landbank opportunity, invest in your future
• At this price, the property equates to UNDER $27 per square metre!

An exciting opportunity exists for an astute buyer with this huge 29,713sqm residential development block, ideally positioned only 3.8km from Geraldton town centre and is surrounded by existing residential subdivisions. The property has the current zoning and potential to be subdivided into individual blocks, a housing estate or strata development. Buy now at this low price and landbank for the future.

The site is zoned “Residential Development” with a density code of R20 under the City of Geraldton’s Local Planning Scheme. The site has a land area of 29,713, with street frontages to Tamblyn Street and Hamersley Street. It’s flat and is mostly cleared of all native vegetation.

Concept plans are designed for a 28-lot subdivision with the potential for more than 40-Lots with the current R20 zoning at an average of 450sqm per lot. Considering this location, it seems likely there will be interest for a housing estate, retirement living, over 55’s village and other approved residential-zoned uses to take advantage of the surrounding demographics and facilities.

There’s scheme water, electricity and deep sewerage networks all around the property, surrounded by existing residential homes and infrastructure.

This large residential development property is easily accessible to public transport, schools, medical facilities and nearby shopping centres. It’s only minutes from all the amenities of the Geraldton CBD and only 1.2km from the beach.

The City of Greater Geraldton has excellent medical, education, sporting, trade and shopping amenities, benefits from economic activity in the mining, agriculture, tourism and fishing industries and is positioned to become a hub for renewable energy, logistics and general services to other major regional areas of Western Australia.