Great Opportunity: 1,862SQM Land with Development Potential in Rasmussen
Introducing 1091-1093 Riverway Drive, Rasmussen. This block of land is a high potential real estate opportunity offering a substantial parcel of land. Situated on a 1,862 square meter block, this property boasts an enviable position in close proximity to various amenities and recreational areas.
The block benefits from a convenient location, just a short distance from the popular Willows Shopping Centre, Cannon Park, Riverway Lagoons, Ross River, walking tracks, and The Ring Road. These nearby attractions provide residents with a range of shopping, dining, entertainment, and outdoor recreational options.
One of the key highlights of this block is its significant development potential. With its impressive size and flat topography, the land offers an ideal blank canvas for your next family home or subdivision into a low-density residential site. This presents a unique opportunity for developers or investors looking to capitalize on the increasing demand for housing in the area.
By subdividing the land, there is potential to create multiple residential lots, maximizing the property's value and providing a lucrative investment opportunity. It's important to note that any subdivision or development plans would be subject to council approval.
1091-1093 Riverway Drive, Rasmussen offers a rare chance to acquire a substantial parcel of land in a prime location. With its close proximity to various amenities and attractions, as well as its significant development potential, this property presents an enticing opportunity for investors or developers. However, it's crucial to undertake appropriate research and seek professional advice to navigate the necessary approvals and ensure the feasibility of any proposed development plans.
*Property Description/Write-Up is Copyright of Team Giovanni at Ray White Townsville. Disclaimer: Ray White Townsville has prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.