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0 Bed • 0 Bath • 0 Car • 7228m²
New
20-21 Brooks Drive, Cowell SA 5602
Contact Agent
- 0Bed
- 0Bath
- 0 Car
- 7228m²
Land for sale
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Listed display price: the price that the agent(s) want displayed on their listed property. If a range, the lowest value will be ultised
Suburb median listed price: the middle value of listed prices for all listings currently for sale in that same suburb
National median listed price: the middle value of listed prices for all listings currently for sale nationally
Note: The median price is just a guide and may not reflect the value of this property.
What's around Brooks Drive
Land description
“Residential Development Opportunity”
Following significant investment by the local council, Cowell is about to undergo a transformation, with a new marina and foreshore developments including water park.
This will enhance the perception of Cowell as a holiday destination and also draw attention to Cowell as a preferred retirement location.
Offering 7228m2 of freehold residential land close to the town centre, within easy walking distance to shopping and services and the foreshore area.
For developers, the opportunity lies in land division, a housing estate, retirement village or short term accommodation (subject to necessary consents).
A holding income, whilst waiting for approvals, comes in the form of a short term lease agreement to a local transport company. Further holding income can be generated from the use of, or lease of the existing sheds on the property. The main shed measuring approx 50' x 40' with a 50' x 30' lean-to on the eastern side. Power lighting and concrete flooring provided.
An information pack is available including document to provide formal expressions of interest in this property.