Opposite bay prime development land with potential for residence/ and or incorporating tourist facilities ie. cafe plus potential to 12 x 2/ 3 bedroom townhouses.

(See tourist facilities) There is NO specific FSR/ height control though the majority of developments close by are as indicated above. NB: Say 2 storey/ attic in roof. The ‘Townhouses’ can be rented at ’3 month’ intervals.

There is potential to sell as ‘tenants in common’ or ‘company title’ – end values should be around $450,000 – $550,000 for 2/ 3 Bedrooms with parking (on ground). Ideal investment or owner occupier with excellent rental income.