Massive 3900m2 near level block with an absolute water frontage to beautiful Swan Bay is awaiting redevelopment.

Council will approve rezoning to 2.2 high density development in the next couple of months which will allow a cosmetic change to the area and with fore site the developer will erect multiple dwellings with access to the foreshore.

Currently there is a massive machinery shed and 3 dwellings which would allow an income of around $1150 per week whilst plans for redevelopment would go through the planning process at council.

Possibly build your dream home at the front and recoup your money from the sales of further property you erect behind. Numerous options.

For more information contact Tony Wansey on 4947 8222 or 0412 478 222.