a fantastic development opportunity has arisen with these adjoining blocks in Sanctuary Point offering a combined total area of over 1,500sqm. zoned R3 medium density residential and located just 200m’s from the waters edge of St Georges Basin and a few hundred meters from the shops and Country Club, this is a great opportunity to invest in and create a real income producing asset. with the additional potential of obtaining the rear blocks, this prime piece of real estate is one that you wouldn’t want to miss.
- combined total area of over 1,500sqm
- zoned R3 (medium density residential)
- added potential to purchase adjoining blocks at rear
- build up to 6 townhouses STCA
- just 200m’s to the Basin walk and the waters edge
- just a few hundred meters from Sanctuary Point shops
- a fantastic opportunity in Sanctuary Point
- rateable land value: $200,000
- council rates: $994 per year
- water rates: $852 per year