- For sale subject to DA Approval. – Prominent location/ Zoned Residential “B” in quiet street. – Land area 19,270m2. – Suitable for 90 to 100 Townhouses with council permission – Land cost $54,000 to $60,000 per townhouse site. – Located close to schools, shops, post office, tavern and the fishing waters of the bay. – Vendor will consider a joint venture. – Agents say that the finished 3 bedroom ensuite 1 garage townhouses of 164m2 should sell for $325,000 + each. – Profits on the development will be HUGE. – Price $5,400,000