3,397m² Vacant Land For Sale in Grosvenor

Description

Attention developers, consortiums and high net worth investors! An exceptional and rare opportunity has hit the market in the highly sought-after, well established suburb of Grosvenor, Bluff. This sizeable, consolidated vacant site offers the perfect canvas for a lucrative residential project, backed by strong municipal guidance and undeniable high demand in the area. With an incredibly competitive entry price for land of this magnitude, this property is primed to unlock significant development value. Current Zoning. Special Residential 400. Immediate Potential. Under the current Special Residential 400 zoning, the site allows for up to 8 residential units as of right. Exceptional Rezoning Uplift. Benefit from strong municipal support to rezone the land to Medium Residential Density. Versatile Design Footprint. The perfect layout for a modern sectional title apartment complex, walk-up units, or an exclusive townhouse development. Strategic Access. The property features highly advantageous 2 road potential access and exit points, a crucial asset for smooth architectural design and traffic flow. Proven Location. Situated in a high-demand, stable residential neighborhood with an established market eager for new modern units. Secure Your Next Landmark Project. Opportunities to acquire a consolidated parcel of land of this size, with this level of zoning flexibility and at this price point on the Bluff, are few and far between. Whether you are looking to build a high-density apartment complex or an upmarket townhouse estate, the foundation for a highly profitable return on investment is already laid out for you. Act swiftly to secure this prime development site. Contact us today for more information or to arrange a site discussion!

Features

SPACE FOR 20 TO 25 UNITS

Yes

IDEAL FOR SECTIONAL TITLE UNITS

Yes

SPECIAL RESIDENTIAL 400

Yes

PRIME DEVELOPEMENT OPPERTUNITY

Yes