An exciting opportunity presents itself to secure a premium vacant land allotment in the well-established residential development of Bellamack. This 987m2 corner land allotment is cleared and ready for you to build.
The property represents a fantastic opportunity for developers and investors to secure a corner LMR (Low-Medium Density Residential) site which comes with development concepts prepared for three units or spread out and build your dream home.
What we love about this property:
Cleared 987m2 land allotment ready to develop on
Corner block with road frontage to an alternative street address
Prepared concepts for investment development
Well positioned and surrounded by quality homes in the well sought-after suburb of Bellamack
Central to quality amenities, facilities, schools, hospital and Palmerston CBD
Family friendly area adjacent to the Forrest Parade Primary School
This ever growing and popular suburb has streets lined with beautiful quality homes, picturesque parklands and is moments from Palmerston CBD and the Gateway Shopping Centre.
Don't miss your chance to establish your new home or investment in a prime location!
The current owner has placed the property on the FASTRAK sale process and is willing to look at all offers as there is no set price.
"Make a Start with Team Derek Hart".
The size of Bellamack is approximately 1.3 square kilometres. It has 5 parks covering nearly 20.4% of total area. The population of Bellamack in 2011 was 3,744 people. By 2016 the population was 2,445 showing a population decline of 34.7% in the area during that time. The predominant age group in Bellamack is 0-9 years. Households in Bellamack are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Bellamack work in a trades occupation. In 2011, 46.6% of the homes in Bellamack were owner-occupied compared with 36.5% in 2016.
Bellamack has 948 properties. Over the last 5 years, Houses in Bellamack have seen a 8.75% increase in median value, while Units have seen a 24.25% increase. As at 31 October 2024:
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