Pialba is a main suburb central to Hervey Bay. It consists of an active shopping area inclusive of a Big W, Supermarkets, RSL, Doctors Surgeries and mainly medium density housing close to the Esplanade and beach. Stephenson Street is conveniently placed only a short walk from the shopping area and all that the amenities in that area provide. The street has already been subject to development with three townhouse complexes on it and a fourth currently in progress. Added interest in this fantastic development opportunity may result from the fact that the adjacent property at No 33 has also recently come onto the market with a block size of 926 m2. This property is centrally located in the street and there is:* 2016 sqm level block* Development Approval in place* 2 Bedroom A frame house on block* Currently tenanted* 2 Lock-up garagesHervey Bay is considered to be one of the fastest growing cities in Australia. Exciting projects are in place for the future with a new water park currently under construction, plans in place to redevelop the Marina area and extend the central shopping area around Centro. This block of land is a fantastic development opportunity in the heart of the Bay, don’t miss out and seize this opportunity without delay.So come and invest in the fantastic coastal city of Hervey Bay on the beautiful Fraser Coast Qld, just a short 3 hour drive north of Brisbane. It is one of the fastest growing regions in Australia, home of the majestic Humpback Whales and World Heritage listed Fraser Island, the largest sand island in the world.