DEVELOPER ALERT - LARGE R60 SITE ADJOINING RECENT DEVELOPMENT ACQUISITION

Description

Positioned on a substantial 1,179sqm R60-zoned block, this property represents a compelling opportunity for developers, land bankers, and strategic investors seeking medium-density development potential in an established growth corridor.

Located on Albany Highway with strong access to transport, retail, and community infrastructure, the site sits within an area already attracting development activity, highlighted by the recent acquisition of the adjoining property by a developer.

Securing this parcel offers the opportunity to enhance overall site efficiency and unlock greater design flexibility when considered alongside neighbouring landholdings (subject to planning approval).

Under R60 zoning, the site offers potential for grouped dwellings or multiple dwellings (STCA), with scope to optimise yield and improve project viability through thoughtful design and possible amalgamation.

The existing dwelling is offered on an "as is" basis and provides holding income potential or short-term accommodation while development planning is undertaken.

The primary value of the property lies in the land, zoning, and development upside.

This is a rare opportunity to secure a large, well-located R60 site in a corridor where development momentum is already underway.

Key Features:
1,179sqm land area
R60 medium-density zoning
Strong access and exposure along Albany Highway
Development potential for grouped or multiple dwellings (STCA)
Strategic position adjoining recently acquired development site
Opportunity to improve design efficiency and yield through amalgamation
Established suburb with access to shops, schools, and transport
Existing dwelling suitable for interim use or holding income

All development potential is subject to relevant authority approvals.

Contact Vicktor Sutrisno or Abhinav Reddy to register your interest!!

Disclaimer: The particulars of this listing have been prepared for advertising and marketing purposes only. We have made every effort to ensure the information is reliable and accurate; however, clients must carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.