Lot 4 Abraham Street GERALDTON

Make an Offer

Offers Over $259,000

Area

Property Size 19987

Address

Lot 4 Abraham Street GERALDTON

RESIDENTIAL DEVELOPMENT BLOCK – HUGE 19,987 m2 – R30 ZONING

RESIDENTIAL DEVELOPMENT BLOCK – HUGE 19,987 m2 – R30 ZONING

• Residential Development R30 zoning
• 19,987sqm Total Land Area
• Located only 2.8km from Geraldton Town Centre
• Adjacent to other established residential subdivisions
• Concept Plan for a 21-Lot subdivision with potential for a lot more with R30 zoning at 333sqm per lot
• Flat and cleared development site
• Services available including scheme water, deep sewerage, electricity
• Potential Retirement living (STCA)
• Landbank opportunity, invest in your future
• At this price, the property equates to UNDER $13 per square metre!

An exciting opportunity exists for an astute buyer with this huge 19,987sqm residential development block, ideally positioned only 2.8km from Geraldton town centre and is near existing residential subdivisions. The property has the potential to be subdivided into individual blocks, a housing estate or strata development. Buy now at this low price as an investment and landbank for the future.
The site is zoned “Residential Development” with a density code of R30 under the City of Geraldton’s Local Planning Scheme. The site has a land area of 19,987, with a 63.62m frontage to Abraham Street. It’s mostly flat and is cleared of all native vegetation.

Concept plans are in place for a 21-lot subdivision with the potential for a lot more with the current R30 zoning at an average of 333sqm per lot. Considering this location, it seems likely there will be interest for Retirement living, Over 55’s village and other approved residential-zoned uses to take advantage of the surrounding demographics and facilities.

This large residential development property is easily accessible to public transport, schools, medical facilities and a nearby shopping centre. It’s only minutes from all the amenities of Geraldton town centre.

The City of Greater Geraldton has excellent medical, education, sporting, trade and shopping amenities, benefits from economic activity in the mining, agriculture, tourism and fishing industries and is positioned to become a hub for renewable energy, logistics and general services to other major regional areas of Western Australia.