This highly valuable land holding of 12.26ha comprises of 108 large elevated blocks with views - the balance of the Crest Estate (www.crestestate.com.au) development project. This residential infill subdivision is well located and is flood free. Stateland’s Peter Macdougall who is overseeing this sale believes this is an exciting investment opportunity to deliver a significant residential development project.
Stages 1 & 2C (30 lots of the original project) have been completed and houses have been constructed - this sale offering represents the balance of the estate, Stages 2-5 (108 lots).
This project is “truly shovel ready”. All Council approvals are in place including DA and Operational Works. Entry statement and landscaping have been completed as part of Stage 1 works, together with Trunk services connected for the entire estate. Civil works have been fully documented, project is NBN approved and the required Traffic contribution has been pre-paid for the entire estate thereby reducing infrastructure charges to approximately $12,500 per lot. Additionally, a display village has been established.
Overall, this fully approved subdivision is perfectly located in a popular market for both first home buyers, families and investors who are seeking a strong rental demand. Flexibility is also a key benefit with all lots qualifying for Council dual occupancy status of over 750sqm. Stages 2-5 of Crest Estate have a minimum lot size of 800sqm with an average lot size of 900sqm.
"This significant component of the Crest Estate subdivision project represents an exciting prospect for the smart developer to capitalise on proven owner occupier and investor demand within this established Gympie residential location”. Peter Macdougall, Managing Director, Stateland.
Summary:
- Substantial landholding of 12.26ha
- 108 large elevated blocks with views – ranging from 800sqm to 900sqm
- Shovel ready” - All Council approvals (DA and Operational Works) and more are in place
- Reduced Infrastructure costs
- Established display village
- Established Gympie residential location
- Proven buyer and investor demand
Please note that all financials, measurements and distances quoted are approximate only.
Lot 999 Groundwater Road, Southside Gympie QLD is for Sale
For further project information please contact Stateland Pty Ltd:
PETER MACDOUGALL
Mobile: 0418 195 584, Head Office: (07) 4051 1299
