143 Chapman Road

Glenfield WA 6532

The value is astonishing for such a premium parcel. Start by taking a look at the views? 5.94 hectares of land zoned Residential. This is one of Geraldton's main growth corridors of the future and an intricate part of the Glenfield structure plan. With a slope that rises gently from West to East, it is the perfect lot to develop and maximise views of the coast and city for the majority of the land. Geraldton may not be ready for a new Residential sub-division for a few years so what you have now is a superb Lifestyle lot that will one day be a very sort after land parcel. Ideally, 4 x 2000 sq mt lots could be sub-divided off the front and sold and keep the balance for your primary place of residence or a future holding. (Precedents set and planning approval likely)
It is no secret that not so many years ago with Oakajee being an imminent project, this sort of parcel would fetch many millions. The reality is that those times are not here right now so buyers with an eye to the future have some exceptional opportunities and this beautiful Geraldton parcel is here for the taking! Stand on it, take in the aspect, think of what might be and secure what is surely one of the finest investment opportunities available in the region, or just own it and build your dream home on what should one day be very valuable land.