Property Details

Prime Development Opportunity in the Heart of Faerie Glen

Welcome to an unparalleled investment prospect in the vibrant community of Faerie Glen. This expansive 7,851m2 property offers a rare opportunity for visionary investors and developers eager to make a significant impact in a thriving location. With its strategic positioning and vast potential, this prime land is a blank canvas ready for transformative development.

One of the property's standout advantages is its pre-approved rezoning, which simplifies the development process for prospective buyers. All necessary documentation for zoning approval is readily available upon request, providing peace of mind and facilitating efficient planning. Additionally, the seller has already managed all payments related to electrical bulk contributions, ensuring a seamless transition into the development phase.

This property is much more than just a vacant lot; it holds vast potential for creating a remarkable project. One exciting option includes developing an apartment complex featuring a multistorey structure with 62 generously sized apartments, each covering 75m2. Each unit will have ample parking with one lockup and one undercover parking bay. The development plan includes well-designed sidewalks, paving, entrance roads, and essential services, creating a seamless and inviting environment across 4,650m2.

Alternatively, consider constructing three blocks of 3-storey apartments in different phases, catering to diverse residential preferences. Phase 1 includes 24 units, Phase 2 offers 17 units, and Phase 3 features 21 units. These units range from 75m2 to a spacious 145m2, offering flexibility to meet various residential needs.

This opportunity is more than just a vacant stand; it is a golden chance to shape Faerie Glen's skyline with a meticulously planned and strategically positioned development. Embrace the opportunity to transform this blank canvas into a masterpiece of modern living.

Please note: The listed price excludes VAT.

For more information and to explore this unparalleled opportunity further, please contact us. Your vision awaits in Faerie Glen!