This great property consisting of close to 800m2 and four older strata titled villas is not to far from the water and offers some views. The overall property is ripe for redevelopment in perhaps a similar fashion to the new 11 dwellings next door that have just been completed on a slightly smaller volume of land. So! if your after a development site in an exclusive area that you can be sure of not over capitalizing in, then I would have to recommend a closer look at this one. Enquiries are to be directed to Terry Hansen 02 9673 4422 // 0418 245 683 or email terry.hansen@bigpond.com.au