In the highly desirable new estate of Argyll Heights, less than 10 minutes’ commute from Albany’s CBD, these two blocks represent smart buying for developers, with the potential for good returns on investment.

The side-by-side blocks, zoned residential, both have an area of 1811sqm, allowing several options. They could be subdivided into four individual parcels or developed into complexes of up to four units. They could also be developed in tandem.’

At the elevated end of a short cul-de-sac – one of the highest points of the entire estate – they take in views over bushland and as far as Torndirrup National Park in the south – an outlook that could be exploited with careful planning.

A slight slope at the front leads up to the main expanse of each block, both of which are cleared and flat, making site works straightforward and keeping costs down.

Services are at the boundary and fencing and retaining walls are in place, so the land is ready to go.

Home buyers looking for a big block near the city would also warm to the many possibilities of these properties. Expansive homes with sheds and gardens could easily be accommodated, promoting privacy and maximising the views from grand indoor and outdoor living areas and the master bedroom.

Residents at Argyll Heights enjoy proximity to amenities such as schools, major supermarkets and the coast all within a few minutes’ drive, and occupants of the quality-built, contemporary neighbouring homes enjoy a quiet life with no passing traffic.

While the estate is attractive to families, it also offers much for couples and singles looking for modern amenities in a quiet location, so unit developments would have the potential for answering the demands of that competitive market.

Explore these two blocks at the top of Cahill Court and discuss the possibilities and opportunities for development with Jeremy Stewart of Merrifield Real Estate.

What you need to know:
- Two prime development blocks
- Each 1811sqm, zoned residential
- Elevated sites with views over bushland to Torndirrup National Park
- Subdivide or develop into complexes of up to four units
- Flat for building
- Fenced, all services ready for connection
- Quiet cul-de-sac location
- Among quality-built new homes
- Also suit large, private homes with sheds, gardens
- Less than 10 minutes’ drive to CBD
- Easy reach of good schools, supermarkets