• Land/Development
  • Land Area: 1993m2
  • Property ID: 105851
$1490000 For sale

3 STREET FRONTAGE - PRIME DEVELOPMENT SITE

Unique development opportunity on a prominent intersection in the heart of Hamilton Hill.

High traffic site.

Great West-East and South-North artery roads connections.

140 bed retirement village opposite the site with many other retirement village nearby and new ones being build. Age related demography is growing rapidly.

District of Workforce Shortage (DWS) for medical doctors.

Offering a large land area of 1993m2 (zoned R40) this property offers a strategic purchaser with immediate development opportunity, or the option to hold and develop in the years to come.

The site features an existing DA for a 90 place childcare centre, but could also be developed for the following uses (STCA):

- Medical
- Multi residential
- Place of Worship
- Convenience store/lunch bar

The property features 3 street frontage with access from both Forrest and Stratton Streets.

Existing improvements include brick 4 bedroom residential dwelling, rented at $460 per week.

For more information please contact Anthony Morabito.

Interested? Contact us today

Anthony Morabito
  • Anthony Morabito
  • 0430 101 385
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