Property Details

Unlock the potential of this expansive 3.1-hectare property, strategically positioned in a rapidly growing neighborhood near North Riding. Currently consisting of three dwellings, this property presents a lucrative opportunity for developers and investors seeking to capitalize on the booming real estate market. Key Features: Development Potential: Local authorities have earmarked this property for residential development, allowing for up to 12 residential dwellings per hectare. This presents opportunities for developers to construct up to 36 units, meeting the high demand for housing in the area. Strategic Location: Situated in close proximity to new developments and major commercial properties, this property offers easy access to amenities and business opportunities. The growing neighborhood and competitive land market make it an ideal investment location. Opportunities: Residential Development: Construct new residential units to meet the increasing demand for housing in the area. Guest House/Conference Centre: Utilize the space to create a guest house or conference center, catering to visitors and business events in the vicinity. Wedding Venue: Capitalize on the scenic surroundings to create a picturesque wedding venue, offering memorable experiences for couples and guests. Office Space and Warehouse Development: Develop office spaces and warehouses to meet the needs of businesses seeking commercial properties in the area. Storage Facilities: Create storage facilities to cater to the demand for secure storage solutions in the growing neighborhood. Conclusion: This property holds immense potential for various development opportunities, including residential, commercial, and hospitality ventures. With its prime location and zoning possibilities, it presents a lucrative investment opportunity for developers and entrepreneurs looking to capitalize on the flourishing real estate market in the area. For further details and to explore this exciting investment prospect, please contact us for a consultation.