4063m2 RIPE FOR REDEVELOPMENT (STCA)

This unique parcel of land just moments from the CBD, beach and sporting fields is ideally suited to a multi dwelling redevelopment (STCA). Bowen is experiencing a housing undersupply, we have demand from tenants moving here for work, companies needing accommodation for their workers and tenants that are being displaced when their current homes are being sold. This is your chance to capitalise on this unprecedented demand. This huge 4063m2 'Low Density Residential' zoned property has many possibilities for a developer with a keen eye. Applications will need to be made with council. With power and water connected, a small septic system is connected to the shed. There has also been a pumping station installed at the front of the property (application will need to be made for connection to town sewer). This site has the beginning stages of getting your plans underway.

There is a small shed on the property that does have some facilities in it, this is not approved as a residence however. The block offers a huge amount of potential to many different investors. A potential unit development site, a potential new business location or a big homesite close to town.

Located only a few minutes from the CBD this road has great exposure and easy access. The block has a 40 metre main road frontage and is 101 metres deep. The block has some elevation at the rear of it which will offer potential views of the water and Gloucester Island depending on the height of the buildings you are planning. This property is also close to the Bowen Marina, beach and parkland.

Great location, great opportunity. Be quick with this one as it will definitely not last.