Raine and Horne is pleased to offer, via Auction (offers will be considered prior) this premier development opportunity in The Entrance. The property represents an opportunity to participate in the area’s fast-growing appeal as, not only a holiday destination but a permanent residential region that is thriving from under supply.
This property offers prospective builders / developers the chance to capitalise on the following features:
- Currently a two bedroom home occupies the site.
- 904sqm level land close to The Entrance CBD and lake front ready for re-development.
- Floor Space Ratio of 0.9:1
- Maximum height allowable is 12 metres (3 to 4 levels).
- Small development STCA – for quick in and out profit.
- Existing demand for end product.
This site will be sold via Auction at a date to be determined, unless a reasonable offer is accepted prior.