244 Shute Harbour Road, Cannonvale, Queensland 4802

Sold for $585,000

Date listed: 20/11/2019
House 4 1 4

SOLD BY RAY WHITE - Multi Use Development Site With Holding Income

The options are endless with this 2987m2 flat allotment in central Cannonvale.

The site has all town services with ocean views and VMR parkland and boat ramp facilities just across Shute Harbour Road.

- Medium density residential zoning
- Build up to 34 x one bedroom apartments
- Three street frontages
- Access via service road off Shute Harbour Road
- North facing

Unlike many other apartment development sites in this region, this property will have a holding income until the time comes to redevelop. The house, whilst needs work, is rentable and there is a 12 x 9m solid concrete block shed towards the rear of the property which is also available to be rented.

Under the current town plan the following activities could be permitted:

Accommodation activities:
Dual occupancy, Dwelling house, Home based business, Multiple dwelling, Relocatable home park, Residential care facility, Retirement facility, Rooming accommodation, Short term accommodation, Tourist park

Business activities:
Sales office, Shop
Community activities:
Child care centre, Community care centre

To be auctioned on the 18th of November if not sold prior to

Contact Mark Beale for further information and to register to bid.

Car spaces other
Car spaces
Property type
Property status
Land size
2987 square mtr approx.
244 Shute Harbour Road
Queensland 4802
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