Prime Development Opportunity – 5.0849 Hectares with 14 Existing Dwellings
Nestled in a highly accessible urban pocket, this expansive 5.0849-hectare property offers a rare blend of scale, infrastructure, and location. With 14 established dwellings already on-site, it presents immediate rental income potential or a solid foundation for redevelopment.
Infrastructure Highlights:
Strong borehole ensures reliable water supply, ideal for high-density residential use.
Existing dwellings can be refurbished or repurposed to suit a range of accommodation needs.
Unbeatable Location:
Just minutes from the major bus terminal, taxi routes, and the CBD, making it a commuter’s dream.
Proximity to educational institutions and urban amenities makes this site perfect for student accommodation or multi-unit housing.
Development Potential:
The generous land size allows for scalable expansion—think modern student residences, co-living spaces, or a mixed-use precinct.
Zoning and access support high-occupancy development, with strong demand from nearby academic and commercial hubs.