Rare subdivision opportunity

AUCTION: SATURDAY 26 JANUARY AT 2PM

Aireys Inlet only has 1192 rateable properties in total and there are only a tiny amount remaining that qualify for subdivision under the current guidelines. Vacant land itself is becoming rare, so the opportunity that this 2313sqm (app) property presents is very attractive. The property sits in a zoning where the minimum lot size is designated at 550sqm by the Surfcoast Shire so it comfortably qualifies for a 3 lot subdivision (STCA). A modest 3BR residence sits on the front section of the large allotment and is logically positioned for subdivision to occur without having to be moved. Those with a renovators eye will find this a worthy project given the position in town. The central location of the property is excellent. It is a short flat walk to all your needs including the beach, shops, cafes and the river precinct. An excellent opportunity in a tightly held town with very limited supply. Aireys Inlet is 90 minutes from Melbourne’s 5 million people and land locked by National Park.