Blakehurst is known as one of the most premium residential suburbs in the St George area. This rare investment and development opportunity is located directly opposite the renowned Todd and Carss Bush Park and its beach. The site is for shrewd investor to hold and develop part of the earmarked Blakehurst town center and take advantage of Blakehurst's up running residential market.
The site is being offered as a "raw site" requiring the purchaser to undertaking the development application and add its own vision and taste to the design to unlock the untapped huge potential of the site.
The site is comprised of three blocks of commercial/retail buildings currently fully occupied and used for real estate business, charity, car mechanic and accountant office, etc. The strong rental income will give an investor or a developer the piece of mind before redevelopment commences or simply the flexibility to switch between a "hold" or a "develop" strategy.