Located right in the town center is this massive 5505 sq meters of land fully approved for 35 shops (development approval in place). The current plans are for shops on the ground level and 145 roof top car parks. In the town centre you can go 3 storeys and have car parking underground.
Currently there are 15 expressions of interest to purchase/lease.
PRICE : $3,750,000.00 plus GST. Approximate cost of building $3.5 – $4 million.
2,512m2 @ $4,861.11 per square metre = $12,211,108.00
There is still over a 30% NET Profit left in this development.