Like sands through the hourglass - these CBD development sites are slipping through your fingers.
Re-development horizon virtually limitless within reason given the District Centre Zoning and the R-AC0 designation.
Currently an industrial shed under a relatively short lease which brings in a healthy drizzle of holding income.
1385sqm with a wide 30m frontage to Clark Street and a 34m frontage to the creek which has been massively capitalized on the opposite bank by the town's premier restaurants.
Whether as a rural backdrop for a unit, outlook for a restaurant, this wildlife corridor provides the solution to the first question asked when people start to look for a house in Dunsborough which is "I don't want to feel like I'm living in suburbia".
Being so close to the town centre, Clark Street has to morph into higher uses with options like medical, higher density housing, retail, bulky goods or professional offices. As the town grows, the pressure will build, as seen with the site opposite currently being re-developed.
Whether as a re-development option now or a classic quality red to cellar, it cannot be concealed nor denied that this location will mature quickly beyond the current industrial use.
A Full Information Memorandum available on request.
For further information contact Exclusive Sales Representative Joe White on 0417 939 715 or joe@jmw***
Disclaimer: While we have made diligent efforts to ensure the accuracy of the information presented in this document, we do not assume any responsibility and hereby disclaim all liability for any errors, omissions, inaccuracies, or misstatements. Parties with interest are advised to independently verify the information provided in this material. Licensee: JMW (WA) Pty Ltd ABN 41 304 155 031.