Old house on prime development site offered for sale in Shoalwater.
The 1,058sqm lot is located just metres from the ocean, the local Bayshore shopping centre and bus terminal.
The site offers a number of development opportunities ranging from four grouped dwellings up to eight apartments.
Zoned R 40, part 6 or Residential Codes allows it be developed into 8 apartments of approximately 92sqm each.
Located at 30 Watts Road, Shoalwater, it is the next site on this sought after street to be developed.
The existing lots south of this site has been developed into quality new homes.
It is located on an elevated position and ocean views can be achieved from the front section of the lot.
Currently, the property has an old house on the site.
A site inspection of the lot will impress astute property buyers.
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