Bulk contributions: the electrical bulk contribution has already been paid by the seller.
Development opportunities considered by the seller:
1. An apartment complex consisting of: - A multistorey development with 62 apartments, each 75m2 in size. - 1 lockup and 1 undercover parking bay per unit. - Siteworks, paving, entrance roads and services. - Total development area approximately 4650m2
2. 3 blocks of 3-storey apartments ranging in size from 75m2 to 145m2 in 3 phases as follows: Phase 1 : 24 units Phase 2 : 17 units Phase 3 : 21 units