Maximizing Potential

In the realm of real estate, few opportunities hold as much promise as a
2.77-hectare property zoned for medium density residential use. Such
properties are highly sought after for their potential to meet the growing
demand for housing. However, it is essential to consider various factors
that can impact the development process and capitalize on the property's
value.

One crucial factor to address is the presence of a Flood planning zone,
which encompasses approximately 36% of the property. While this may raise
concerns, it also presents an opportunity for innovative design and
engineering solutions to mitigate flood risks efficiently. By working
closely with experts and local authorities, developers can create a safe and
sustainable residential environment that caters to the needs of future
residents.

Additionally, the C2 environmental conservation zoned component of the land
offers an exciting prospect for incorporating green spaces and promoting
ecological balance within the development. Incorporating sustainable
practices and preserving natural habitats can enhance the overall appeal of
the project, attract environmentally conscious buyers, and contribute to the
overall well-being of the community.

The presence of a significant three-bedroom, two-bathroom double garage
home, along with a self-contained granny flat, adds further value to the
property. This allows for immediate income potential by land banking and
securing potential tenants while awaiting future development. This strategic
approach not only generates revenue but also demonstrates foresight in
utilizing the existing structures to their fullest potential.

Moreover, the current Development Application lodged for a multiple
residential development on adjacent land (ref No 0493/23DA) provides an
excellent opportunity for collaboration and synergy. By coordinating efforts
with the neighboring development, developers can create a harmonious and
integrated residential precinct that maximizes convenience and amenities for
future residents.

Potential buyers are strongly encouraged to contact council re zoning
implications and also their own independent advice re potential development.


In conclusion, the 2.77-hectare property zoned for medium density
residential use holds immense potential for developers willing to think
innovatively and strategically. Embracing flood mitigation measures,
incorporating green spaces, leveraging existing structures, and
collaborating with neighboring developments can unlock the true value of
this property. By doing so, we can create a vibrant and sustainable
community that meets the needs of today and tomorrow.

URL: www.unre.com.au/pac679
RATES: $1,897 pa (approx) LAND SIZE: 2.770 hectares BUILT: 1977 (approx)
Whilst every care has been taken in respect of the information contained herein no warranty is given as to the accuracy and prospective purchasers should rely on their own enquiries.