This exceptional property encompasses 809m2 of prime real estate, strategically situated just moments away from Cleveland's town centre.

This prime allotment falls within the MDR4 zoning, allowing for a potential 6-story development (subject to council approval)*. It presents an ideal opportunity for a high-value residential project, capitalizing on its picturesque vistas, or as a savvy land investment for the future.
With an approximate 20-meter frontage and the potential for up to 40 meters in depth, recent planning guidance suggests the 809m2 site can comfortably accommodate a six-story unit development (STCA).

With potential views from top floors

Additionally, there are multiple potential uses for this property (STCA):

-Multiple Dwellings
-Residential Care Facility (including NDIS)
-Retirement Facility

Currently, the property hosts dual living with rental income in excess of $43,000pa that can help offset holding costs during the planning and development stages, making this a truly unique and promising investment opportunity.

Please call Jade or Tania to discuss and book a private inspection.