Does Your Home Have Development Potential?
You’ve lived in your home and want to move on. But you need to achieve the maximum sale price for your home to live a good life in the future. Sound familiar? To plan for a good life in the future, you’ll need to know how much your current home is worth now. And if you’re one of the lucky people whose home has development potential, then that good life could get a whole lot better!
Knowing the answer to the ‘Development Potential’ question is a once in a lifetime opportunity that can translate to hundreds of thousands of dollars. It’s not a decision to be taken lightly, so you’ll need someone in your corner who knows the relevant laws and can walk with you step by step to unlock the secret potential of your home.
That requires someone who understands planning rules and regulations - and not just what can be achieved, but can guide you step by step to achieving up to 100% more for your home.
Thorn Property is a family owned real estate agency that specialises in development sales.
We have helped home owners just like you to unlock the potential in their property and we’re here to help. If you’re thinking of selling, then this Development Site Assessment is the first step to identifying whether your home has development potential.
CALL MARK NOW ON (0419) 989 923 FOR A FREE DEVELOPMENT SITE ASSESSMENT
Development Site Listings
14 BELLEVUE AVENUE, AVALON BEACH
Seldom does a site come to market that is so close to the Avalon Village and yet situated in a quiet, tree-lined street. Thorn Property has done it again by listing 14 Bellevue Avenue, Avalon – a 1,480 SqM site in a premiere location capable of supporting up to 6 luxury townhouses or apartments (STCA). Situated only 250M from the Avalon shopping precinct and within 600M from the sands of both Avalon and Bilgola beaches, this site offers an unprecedented opportunity to capitalise on the location and amenities on offer. Surrounded by high quality bespoke homes, 14 Bellevue Avenue would support up to 6 high build quality town houses or apartments.
Projected yield: $13.2M.
Price: $4.3M
43 daly street & 169 plateau road, bilgola plateau
Situated in one of the best locations in Bilgola Plateau, this 2,801 SqM site offers ocean views on a gently sloping easy building site. Local shops are only 170M away and the bus is an easy 92M level walk on established footpath. To the prospective buyer, over 55’s living on this site will represent a sought-after opportunity to enjoy a relaxed, sea-change environment that is off the main roads but within easy reach of all amenities. Surrounded by high quality bespoke homes 43 Daly Street & 169 Plateau Rd would support up to 12 high build quality town houses or apartments.
Projected Yield: $19.8M
Price: $6.15M
56-58 TASMAN ROAD, AVALON BEACH
Located in the best part of beach-side suburb of Avalon Beach, 56-58 Tasman Road represents the best of the best. To the prospective buyer, they will represent a sought-after opportunity to enjoy a relaxed, sea-change, café and surf environment that is off the main roads but within easy reach of all amenities. Surrounded by high quality bespoke homes and situated only a level 503M to the sands of Avalon Beach, this level, 1,858 SqM site would support up to 8 high build quality town houses or apartments.
Projected Yield: $18.4M
Purchase Price: $6.75M
26-28 WILLIAM STREET, PORT MACQUARIE - EXCLUSIVE PREVIEW - EXPECTED ON MARKET Q4 2020
Held by the same family for over 70 years, this 1,170SqM site is the last undeveloped high density beach property left in Port Macquarie. Surrounded by quality apartment developments, these 2 adjoining blocks represent an unprecedented opportunity to build up to 8 levels of high quality apartments – each having ocean views to the east and the north.
The corner site is located directly opposite Town Beach and offers uninterrupted easterly ocean views and filtered northerly coastal views. The surrounding apartment strip is highly sought after by cashed-up retirees seeking a quality beach front residence. Apartments in 10+ year old adjacent and nearby buildings are currently marketed in the $2M-$2.5M range.
26-28 William Street is zoned ‘High Density Residential’ and is currently under DA application for a residential development containing 14 apartments and a luxury penthouse.
The location is close to all amenities and situated on a corner site with access to the rear via a low-traffic lane.
The site would suit high quality 3-4 bedroom apartments of around 160+SqM internal space with full-length balconies. Similar apartments have sold recently within a 400M radius for between $1.85-$2.5M ($9-$12,000/SqM)
This is the last beach-front development left in Port Macquarie and represents an unprecedented opportunity for the right developer.