Churinga Waters Drive at Old Beach has fast turned itself into arguably one of the most upmarket water front locations on the eastern shore. The quality of nearby housing in terms of modern architectural design and size couple together to provide a millionaire’s lifestyle on a budget.
What I am offering today is a huge relatively flat 1,422sqm block of land that fronts onto a cleared waterfront reserve with unparalleled views over the Derwent River. This development site is unique in the sense that only a few vacant blocks of land remain in Churinga Waters Drive and none can compare with the street and water frontage appeal this property provides.
At the end of the day land values generally appreciate over time and properties with some form of scarcity (i.e. waterfront, zoning, etc) usually outperform. In my lifetime I don’t think I have ever heard anyone complain about an oversized near waterfront block of land they bought several years ago.
Please call me if you have any further queries.