The value is astonishing for such a premium parcel. Start by taking a look at the views? 5.94 hectares of land zoned Residential. This is one of Geraldton's main growth corridors of the future and an intricate part of the Glenfield structure plan. With a slope that rises gently from West to East, it is the perfect lot to develop and maximise views of the coast and city for the majority of the land. Geraldton may not be ready for a new Residential sub-division for a few years so what you have now is a superb Lifestyle lot that will one day be a very sought after land parcel. Ideally, some 2000 sq mt lots could be sub-divided off the front and sold and keep the balance for your primary place of residence or a future holding. (No Deep Sewer required for these 2000m2 lots, Precedents set and planning approval likely)
It is no secret that not so many years ago with Oakajee being an imminent project, this sort of parcel would fetch many millions. The reality is that there is so much more to our region now than just one project so buyers with an eye to the future have an exceptional opportunity and this beautiful Geraldton parcel is here for the taking! Stand on it, take in the aspect, think of what might be and secure what is surely one of the finest investment opportunities available in the region, or just own it and build your dream home on what should one day be very valuable land.
The Glenfield Structure Plan link is below and please not that there is currently No Deep Sewer available here to allow sub-division into small residential lots.
https://www.cgg.wa.gov.au/Profiles/cgg/Assets/ClientData/Document-Centre/Planning/Structure_Plan/Glenfield_-_Glenfield__Report_-_Modification_2_.pdf
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*Please be advised that this information has been supplied to the best of the agent's knowledge however, it is always advisable for you to complete your own research and due diligence in these matters.
This land listing located in Glenfield has been listed for sale by Team Van Tiel at Ray White Geraldton Dongara.
If you would like to get in touch with Team Van Tiel regarding this listing, please call 0429 995 121 or contact the agent via email.
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