2 Hope Street Cooktown QLD 4895

This property is a great investment opportunity for a developer with a projected ROI of almost 40% when completed and all lots sold. Potential to be sold faster and easier with a house and land package. Addressed as 2 Hope Street, has a total of 18,070m2 and is being offered for sale with development documents and project planning completed or purchase and do what suits you.
Council Development Applications and project staging have been completed with engineered designs of road, curbing and drainage headworks for a 12 Lot Subdivision.
The Lots will be in a cul-de-sac and in the proximity of schools, PCYC, local pool, and the proposed new position of the local supermarket.
The lots range from 902m2 to 1756m2, and the back of the blocks will get views.
The council have released a “RESIDENTIAL HOUSING DEVELOPMENT INCENTIVE POLICY” available for a period of 2 years after the notification of approval for those who build multiple dwellings, dual occupancy and new owner-occupied single dwellings.
Contact your local agent for a buyer information pack.
Ariah 0407 138 016
sales@cooktownrealestate.com