Located in the heart of Cannonvale is 3.1 Hectares of gently sloping land with a DA already in place for 74 free standing homes, while still keeping the existing seven bedroom residence. This gives you the opportunity to live on site in a nice home while you develop at your leisure.
The property currently offers the following;
- Two road frontages, totalling more than 340m of road frontage with a third frontage of 184m on a gazetted road. This gives the developer lots of options on how to proceed.
- Decision Approval (DA) in place for 74 free standing homes plus utilisation of the existing residence for community Centre and Ancillary uses should you develop a retirement village.
- An existing residence with two wings that has Seven (7) bedrooms plus an office, three (3) lounges, Three (3) bathrooms plus extra powder room, a large spacious kitchen, a large courtyard and an 11 metre in ground pool, making it ideal for a Community Centre.
- Excellent location as it is approximately 1km to Centro Shopping Centre, Library and the Reef Gateway Hotel.
- Bore water
- Zoned ‘Code Assessable”Developments ideas worth considering
o Retirement Village – Certainly needed in the area, utilises the existing home as a community centre
o Caravan / Cabin Park, for tourists or short term workers – subject to council approval
o Live in the House and keep the block until demand is at a peak. Run horses for your kids.
The owner is open to negotiation on this very unique property.