THE PROPERTY DEVELOPMENT REVIEW
Lot 8 & 121 Susan Street, Murray Bridge SA Key Residential Development Opportunity
1ha* Clear Development Site With Approvals Level development parcel of approx. 1ha* Suburban Neighbourhood Zoned land offered with planning approvals for a 32-unit residential development, with the flexibility of being constructed in up to 3 stages if desired. There is an additional approval for community titles, so either a build-to-rent or build-to-sell outcome can be achieved. Approved development comprises in demand one and two bedroom units, with a total of 46 bedrooms. There is clear potential to expand this to up to 90 bedrooms within the planning code. A concept of this is provided in the data room. ___________ Fast Growing Regional Centre Located in one of Australia's fastest growing regional centres. Murray Bridge has experienced a significant population influx (19% in past 5 years) driving home price growth, and rental growth close to 70%* in the past five years alone ___________ Thriving Murray Bridge Location 5 minutes* to Murray Bridge CBD, 20 minutes* to 'The Bend' & 50 minutes* to Adelaide. ___________ Significant Due Diligence Material Available Full copies of stamped plans, floor plans, renders, reports and detailed site information is available upon request.
FOR SALE by Private Treaty Price Guide $1-$1.1m
Sam Alexander 0457 888 213 Jed Harley 0418 807 920
cushmanwakefield.com.au
August / September 2024 – 129
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