In the realm of real estate, few opportunities hold as much promise as a 2.77-hectare property zoned for medium density residential use. Such properties are highly sought after for their potential to meet the growing demand for housing. However, it is essential to consider various factors that can impact the development process and capitalize on the property's value. One crucial factor to address is the presence of a Flood planning zone, which encompasses approximately 36% of the property. While this may raise concerns, it also presents an opportunity for innovative design and engineering solutions to mitigate flood risks efficiently. By working closely with experts and local authorities, developers can create a safe and sustainable residential environment that caters to the needs of future residents. Additionally, the C2 environmental conservation zoned component of the land offers an exciting prospect for incorporating green spaces and promoting ecological balance within the development. Incorporating sustainable practices and preserving natural habitats can enhance the overall appeal of the project, attract environmentally conscious buyers, and contribute to the overall well-being of the community. The presence of a significant three-bedroom, two-bathroom double garage home, along with a self-contained granny flat, adds further value to the property. This allows for immediate income potential by land banking and securing potential tenants while awaiting future development. This strategic approach not only generates revenue but also demonstrates foresight in utilizing the existing structures to their fullest potential. Moreover, the current Development Application lodged for a multiple residential development on adjacent land (ref No 0493/23DA) provides an excellent opportunity for collaboration and synergy. By coordinating efforts with the neighboring development, developers can create a harmonious and integrated residential precinct that maximizes convenience and amenities for future residents. Potential buyers are strongly encouraged to contact council re zoning implications and also their own independent advice re potential development. In conclusion, the 2.77-hectare property zoned for medium density residential use holds immense potential for developers willing to think innovatively and strategically. Embracing flood mitigation measures, incorporating green spaces, leveraging existing structures, and collaborating with neighboring developments can unlock the true value of this property. By doing so, we can create a vibrant and sustainable community that meets the needs of today and tomorrow. URL: www.unre.com.au/pac679 RATES: $1,801 pa (approx) LAND SIZE: 2.770 hectares BUILT: 1977 (approx) Whilst every care has been taken in respect of the information contained herein no warranty is given as to the accuracy and prospective purchasers should rely on their own enquiries.