Elders Commercial is pleased to present to the market 52, 54 & 56 Shore Street East, Cleveland for Sale.
This expansive 2,093 sqm corner development site has been cleverly amalgamated, providing a platform for builders & developers to develop a Waterside Landmark!
Key features of this truly rare opportunity include:
* Potential for high rise apartments, townhomes, luxury homes, aged care facility or child care facility.
* Previous Development Approval for 35 luxury apartments over 7 levels
* Moments stroll to GJ Walter Park, Grand View Hotel, Cleveland Point (Lighthouse Restaurant) & the beautiful foreshore, cafes & shops
* Close proximity to schools & public transport
* Capitalise on record low interest rates & pent up demand from owner occupiers & investors
* Short term holding income
In addition to the above, the site is superbly positioned opposite the Toondah Harbour Precinct Redevelopment planned by industry leading developer Walker Corporation which is set to add significant value to properties within the immediate precinct!
We encourage all builders & developers to seriously consider this oustanding development site in an extremely tightly held waterside precinct!
Please contact the Exclusive Marketing Agents Elders Commercial to discuss further or for a detailed Information Memorandum.
