Halliwell Property Agents is pleased to bring this residential development opportunity to the market, in a highly desirable Spreyton location, positioned privately to the rear of existing builds in a Strata group.
The site of 1,644sqm has previously had plans approved for construction of 2 x single story units and 2 x double story properties, in the same style of the existing 3 front units, however this has lapsed and would require re-submission to Council for a new permit. Plans will be provided to purchaser, providing the opportunity to resubmit with the previously-approved builds, or developers are able to create and submit their own designs, STCA.
Fully serviced, the site is in close proximity to the newly refurbished Country Club, and is neighboured by 'The Big Apple' Bakery & Cafe, directly opposite the IGA Supermarket, health and beauty services, and adjacent to the Spreyton Football/Cricket Club complex.
Opportunities like this are rare in such a location, with completed builds expected to be highly sought-after real estate.
Listing price is $350,000 plus GST.
For all enquiries, contact Colin Rowlands at Halliwell Property Agents.
* Boundaries on photos indicative only
The size of Spreyton is approximately 11.8 square kilometres. It has 4 parks covering nearly 8.7% of total area. The population of Spreyton in 2011 was 1,412 people. By 2016 the population was 1,660 showing a population growth of 17.6% in the area during that time. The predominant age group in Spreyton is 40-49 years. Households in Spreyton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Spreyton work in a trades occupation. In 2011, 82.7% of the homes in Spreyton were owner-occupied compared with 80.2% in 2016.
Spreyton has 1,128 properties. Over the last 5 years, Houses in Spreyton have seen a 82.00% increase in median value, while Units have seen a 65.71% increase. As at 31 October 2024:
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