1/37 Town View Terrace, Margaret River WA 6285

Unlock the Potential - Prime Central Development Opportunity!

Positioned in a highly sought-after central location, this 509sqm strata lot presents an exciting opportunity for developers and investors looking to maximise potential and capitalise on location.

With R30/40 zoning, this property offers the opportunity to explore future development, subject to council approval (STCA). Add its position within a short-stay approved area, and the possibilities extend beyond traditional residential investment.

Key Investment Highlights:
• R30/40 Zoning: Explore the potential for subdivision, subject to strata and council approval (STCA)
• 509sqm Strata Lot: A well positioned parcel offering exciting possibilities for future development
• Short-Stay Accommodation Potential: Located within an area approved for short stay accommodation, opening the door to alternative investment opportunities
• Income While You Plan: Currently tenanted until March, providing rental income while you investigate your options
• Prime Central Location: Capitalise on a sought after position with the potential to maximise the site's future value

Whether you're considering a development project for short stay or residential accommodation or investigating other development possibilities, this property offers the foundations for an exciting investment opportunity.

Ideal for developers, builders and astute investors seeking their next project, this is your chance to secure a strategically positioned site with plenty of potential.

Nb: Property sold 'as is'. All development potential is subject to relevant approvals

Inspection by appointment

Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Downsouth (WA) Pty Ltd ACN 125 383 628