Presenting an exceptional opportunity for developers, investors, or land-banking buyers, this expansive block at Lot 23, 7 Grove Crescent offers immediate potential in a highly sought-after coastal community. Currently occupying the site is a centrally located house, offering the flexibility to either enjoy a large suburban block or demolish the dwelling to unlock the property's fully approved development potential.

The heavy lifting for this project has already been completed. The property comes with full Development Approval to subdivide into two separate blocks (proposed Lots 2 and 3), with the current DA plans valid through to May 18, 2028. This generous timeline provides total peace of mind and flexibility for your development schedule.

Because all major works aligned with Stage 1 of the subdivision have been executed, the remaining requirements to complete the two-lot split are incredibly minimal. The groundwork is already in place, making this a highly efficient and cost-effective project for the new owner.

Property & Development Highlights:
• DA Approved: Council-approved subdivision into two lots (Lots 2 & 3), valid until May 18, 2028.
• Minimal Works Remaining: Stage 1 subdivision works are already complete.
• Water & Sewer Ready: Unitywater and sewer pipelines already exist at the front of the property (requires only final connection and meter installation).
• Power Ready: Energex lines were upgraded during Stage 1, requiring only a straightforward connection.
• Existing Dwelling: A house currently sits in the middle of the block, requiring demolition to proceed with the subdivision.
• Complete Transparency: Surveyed plans, council approval letters, and comprehensive records of the division and expenditure so far are available upon request.

Whether you are looking to land-bank, build your dream home on a massive block, or immediately capitalize on a shovel-ready subdivision with existing infrastructure, this property delivers on all fronts. Contact Ray White Bribie Island today for a comprehensive property prospectus, including the DA, surveyed plans, and title details.

If this property is not sold by the 25th of November, it will be going to Auction from 11:00am at Ray White Bribie Island, 30 Benabrow Avenue, Bongaree. It will also be live streamed with phone bidding allowed. The owners will consider all offers prior to Auction, so get your offers in before time runs out!

Disclaimer: Whilst every care has been taken in preparing this information, Ray White Bribie Island makes no representations or warranties regarding its accuracy or completeness. Prospective purchasers are encouraged to conduct their own enquiries and verify all property details before making any decisions.