A terrific development opportunity has presented with these 2 vacant allotments, side by side in Vivonne Avenue in Kingscote.
Both Lot 5 & Lot 4 share a common boundary and are both priced at a very reasonable $48,000 each! This provides a total development area of approx 1450m2.
The land is well suited to building multiple homes over the 2 allotments, keeping the price more attractive for the end building sale price. Or for the builder, the site is perfect for land banking or building project homes.
Each allotment has sealed road frontage with kerb & gutter and overhead power passed the street front.
Also for sale individually.
At present there is a shortage of rental accommodation in Kingscote and this is a great time to build for investment. Affordable land is a key feature in providing a higher return on investment. Contact Michael Barrett on 0427 727 333 to discuss your options.