Large Development Site – Opportunity Driven by Land Value

The real attraction of 71 Clyde Crescent is the land acquisition price and the opportunity it creates for development.
Why pay premium neighbourhood prices for a development site where you must then sell finished units at the very top of the market?
The best projects are often found on the margins — where smart land acquisition allows developers to build well-priced homes that buyers can actually afford.
Large sites of this scale within established residential neighbourhoods are becoming increasingly difficult to secure, making this an appealing option for developers, investors, or land bankers looking to unlock future potential.

Importantly, the numbers start with the land.
Why pay mega dollars for a development site where you then have to sell finished units at the very top of the market just to make the project work?
Subject to PNCC approval, the site may support multiple townhouses or unit dwellings. The substantial driveway width allows access to the rear of the section, making the site well suited to infill development

Here, the entry price allows developers to create multi-unit dwellings that can still be sold at affordable price points, appealing to both first-home buyers and investors.
Smaller units and townhouses are already being built and sold in the surrounding area, demonstrating strong demand for this style of housing.
The property also benefits from a substantial driveway width, providing excellent access to the rear of the section — an important factor when considering further development options.

Key Points

• Attractive land acquisition opportunity
• Strong demand locally for smaller homes and units
• Wide driveway access allowing potential development to the rear

Secure the land. Create the value.
GV $580,000
Give us an offer

For further information or to arrange a site inspection, contact
Andrew Pugh & Kevin Kelliher - Century 21 Premier