Lot 50 Dutton Terrace

• Prime development site totalling 6.306 hectares or 63,000 sqm • Concept plan for residential blocks from 400 sqm to 800 sqm larger blocks • Walking distance to town Robin Hood Real Estate is pleased to exclusively present 50 Dutton Terrace to the market. This development site has a concept plan in place ready for submission for development approval. Key property features include: - Prime corner site - Proposed development approval in place for several apartments or housing project and of consisting larger blocks for commercial use - Medium Density Residential zoning allowing for a range of potential re-development outcomes - Two street frontages - PLUS the sale of this project comes with the Barry Stirling Rubble Pit Extractive Mineral Lease Claim 3568 at NO additional cost with an expected mine life of 20 years. Road building rubble comprising of fractured granite, clay and sand is the primary commodity to be mined. It has been assessed that 1000 cubic meters will be carted monthly from the site. There are 2.2 hectares of the total 5.4 hectare to be mined. Site access is from the main highway, Bratten Way. The housing development opportunity in Tumby within the next several years looks promising. The future is bright for the landowner/developer who has foresight and ability to see the opportunity being presented now. Own a piece of the action and profit from this project. There is a demand for over 200 homes in the Tumby Bay area within the next 5 years. Be a part of that action! Seize this limited opportunity! • Design allows for staged development of the Project • Crafted to meet the needs of a developing Tumby Bay market • Access to existing service infrastructure network Please contact the exclusive agent below for a confidential discussion about the property, to receive the Information Memorandum and to gain access to the Due Diligence material. For further information of this incredible site, please do not hesitate to reach out to Melanie Elliott on 0428 926 789 for more details about this unique project. You'd be glad you did. DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own inquiries to verify the information. RLA 274962