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6A Mulcahy Tce, Gympie, Queensland 4570

Sold for $140,000

Residential Land 0 0

2,515m2 block right in town!

How good is this fantastic flood free 2515m2 block of land in the very heart of Gympie! Zoned: Residential Living, this blue-chip parcel of CBD land has great potential development opportunities (STCC): house, dual occupancy, multiple dwellings and subdivision. Lots of choices and a lot to think about, so get planning and better still get excited, your new venture starts here!

3 minutes from Gympie CBD, hospital and schools. 50 mins to Noosa, less than 2 hours to Brisbane.

It’s all Location, Location, Location and it does not get any better than this address. Great CBD flood free position for a great price! Opportunity is knocking loudly here folks so be the savvy investor and cash on in.

Benefits from urban services including reticulated water and sewerage as well as telecommunications and overhead electricity.
Potential development opportunities STCC.

House - A Dwelling house is exempt development and would not require any planning approval.
A dwelling house may also include a secondary dwelling (granny flat) where attached to a dwelling house and not exceeding a gross floor area of 60m2. The attachment may be via a covered walkway to create separation and unenclosed decks, verandahs, porches etc can be excluded from the gross floor area.

Dual Occupancy - The subject site meets basic acceptable outcomes for a compliant dual occupancy development. Amongst other things, this includes minimum lot area of 750m2, 18m frontage and no existing or proposed dual occupancy development on any adjoining properties. Subject to design the site could be developed to accommodate 2 separate villas with each including 4 beds, 2 bath and double garages. Upon completion these dwellings could be strata titled to allow individual sale of each dwelling.

Multiple Dwellings - It may be possible to develop the site for multiple dwellings. A multiple dwellings development is not a use that is consistent with the zone, however, may be supported if the development maintains the low density intended for the zone which is no more than 1 dwelling per 500m2. This would allow up to a maximum 5 units on the site to remain within the allowable density. Actual yield would be subject to design.
Such a development would be Impact Assessable and would be subject to public notification during the development assessment process.

Subdivision - The minimum lot size within the Residential Living Zone is 500m2. With consideration given to the size of the lot and the existing constraints (slope and service) The site could be subdivided to create 2 additional lots.

Owners loss is your gain, previously purchased for 395k with DA in place for a unit development which has now lapsed! You won't find a better value chance to invest in inner Gympie land than this block. As they say in real estate… they won’t be making any more land. Don't delay, enquire now!

Contact the team at agents2go for more information. You won’t regret it!

Whilst all due diligence has been taken in the preparation/details of this document agents2go can attach no guarantee to them and recommend intending purchasers conduct their own enquiries.

Property Code: 735

Property Type
Residential Land
Property Status
6A Mulcahy Tce
Queensland 4570
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