Thats right! This has to be the cheapest land on the Peninsula. The owner has decided to split off approx. 300 sqm off the back of their property to a buyer who is prepared to go through town planning and pay for all of the subdivision costs. A subdivision will take anywhere from 3 – 6 months approx to go through council. This is a great opportunity for someone with a little town planning experience to really capitalize on this fantastic rare opportunity.