This site is located in the northern beaches growth suburb of Deeragun, and is close to facilities including a shopping centre, and a number of state and private schools. Access is facilitated by the mainBruce Highway which feeds east to the major employment zones of Townsville.

The property is one of the few medium density development opportunities available in this growth area.

Approvals
DA approval for 8 dwelling units, issued 20 December 2007 .
The project is comprised of seven detached buildings with six double car ports (two shared).

Construction Costs
The project is a relatively low cost construction project with some repetition and building heights ranging from one to two storys. Parking is at grade and there are no elevators. The unit GFA is approximately 842sqm. It is anticipated that Gross Revenue in excess of $2.50 m is achievable for the eight apartments in the current format.

A comprehensive property report is available on request.