An exceptional opportunity awaits developers, investors, and consortiums seeking a high-potential residential development site in the sought-after suburb of Grosvenor, Bluff. This substantial vacant parcel offers outstanding development prospects, strong market demand, and excellent value for land of this size and location.
Key Development Highlights
Current Zoning: Special Residential 400, allowing up to 8 residential units under existing zoning rights.
Rezoning Potential: Strong municipal support for rezoning to Medium Residential Density, creating significant uplift and increased development yield.
Ideal for Multiple Development Types: Suitable for sectional title apartments, townhouse complexes, or modern walk-up residential units.
Dual Access Advantage: Potential access and exit points from two roads provide flexibility for design, traffic flow, and site planning.
Established Location: Positioned within a stable, high-demand residential area with strong demand for quality housing.
Outstanding Investment Potential
Large, consolidated development sites with favourable zoning prospects are becoming increasingly scarce on the Bluff. This property presents an opportunity to maximise returns through a well-planned residential development while benefiting from a desirable location and attractive entry price.
Secure this rare development opportunity today.
Contact us for further information or to arrange a site viewing and development discussion.
