8 Barry Court offers a rare and exciting opportunity for an astute buyer to capitalise on a highly coveted coastal enclave which has proven itself as a popular tourist destination - demonstrated by the success of neighbouring accommodation and holiday properties.
Located between Emu Point and Middleton Beach, this substantial 3356m2 block borders the council maintained bush reserve with cycleway and has excellent proximity to the historic Albany Golf Course - an attraction and popular venue in its own right.
Privately owned, this site comes without the pressures of development and completion timelines, making this the opportune time to secure a prime coastal site that allows you to build to suit the growing tourism industry - or simply land bank it for the future.
The zoning is strictly 'Tourism' but there are a variety of development options (subject to council approval) that should excite you. These include the potential to build and strata title a number of holiday villas and/or apartments - there is a previous plan for 17 units. Or, consider the option of a hotel/motel, serviced apartments along with the possibility of incorporating a convenience store or shop, restaurant/café or small bar into your design to diversify.
The council may also permit a caretakers' dwelling for longer term occupancy as part of a tourism development, however size limitations and other restrictions would apply.
Growth and interest in the area is on the move, with the construction of a new brewery nearby - almost at completion, and the recent sales of units or similar development sites in neighbouring precincts showing appetite in the market.
Features include:
- 3,356m2 corner site in prime coastal location
- Level, cleared with services available
- Adjacent bush reserve and cycleway
- Zoned Tourism
- Development potential for 17 units
- Short distance to cafes, bars, new brewery and the CBD
- City of Albany policy document - Barry Court applies to the site
- Approximate rates: Council $5428.29 Water $1564.13
Please note GST is applicable on the sale price.
To discuss your options or for further information contact Rob Mason on 0411 615 806 or Chelsea McIntyre on 0400 865 773.
