14 Second Avenue Bongaree QLD 4507
Half Acre Development Site - Bargain at $2.25m

DESCRIPTION

14-18 SECOND AVENUE, BONGAREE, QLD 4507

Vacant half acre development sites are virtually non-existent on Bribie Island, so this represents a unique opportunity for the construction of a multi-residential unit block, commercial development or a mixture thereof on this flexible property in the heart of Bongaree.

Demand is high for short term accommodation, with limited options available for the thousands of tourists that flock to this beautiful Island. Alternatively, build commercial premises on ground level and residential units with water views above and diversify your investment to appeal to a wider audience.

Preliminary plans for 43 units including retail outlets have been completed by the owner and his architects for a perfect example of local demand and position on the available allotments.

The site consists of 1,986m2 spread over 3 lots;
- Lot 1 = 746m2
- Lot 2 = 615m2
- Lot 3 = 625m2

For further information on this fantastic investment opportunity, please contact Roy Freeth @realty Bribie Island & Surrounds.