Investor wanted to develop a 31 lot DA approved subdivision with average lot size of 2,429m2 making it feasible for triplex or even quadruple units (S.T.C.A). The serious investor can add value here and develop three bedroom units to fulfil a strong demand coming from the first homeowners – house plans available.

This market has been strengthened by the shortage of rentals, high rental cost, the $24,000 first homeowner grant and their exemption from stamp duty. The site is elevated with rich volcanic soil, many lots have their own never to build out views. Located within four kilometres of the Goonellabah shopping village makes it an ideal location. Also, the package includes a 4.6ha rural lot and a 2ha lot.

Contact: John Corby 0427 241327

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