Tomakin is the hotspot on the coast with two unspoilt beaches and the Tomago River providing natural boundaries to this captured marketplace.
Opposite the popular Tomakin Sports and Social Club with tennis, bowling greens and restaurants, is this 8,094m2 development site for high density residential and tourism zoning. 271 metres to the river and only a ten minute stroll to the IGA, service station and local shop.
You could simply subdivide the block into 11 parcels of land as per concept drawings*.
I can provide you with a sale history in the suburb, costs associated with the subdivision to assist your feasibility studies.
Why aren’t the owners doing it themselves if there is so much money to be made? Dissolution of a partnership has created the opportunity of a lifetime.
Build on it, cut it up, landbank it but definitely buy it at this price.
Do the numbers……
*Subject to Council approval.