Sunset Beach, WA 6530
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For Sale - 31 Vacant Lots, titled and fully serviced - Bulk Lot Sale
The owner / developer is seeking back-up offers (31 lots currently subject of a contract - please enquire for further background information) from interested parties for the acquisition of 31 fully serviced single residential lots via a single line transaction. (detailed lot schedule can be provided on request)
The Sunset Beach residential area is located approximately 6 kilometres north of the Geraldton CBD with all lots located within 500 metres of the coastline and short distances to schools, shopping and recreational amenity.
The lots range in size from 432sqm to 650sqm at an average of 543sqm, all lots are flat and fully retained where required and ready to build on subject to issue of building license from Council. 9 lots are survey strata and the remaining 22 lots green titled.
The lots are comprised within a fund managed by a Hong Kong based fund manager who has decided to liquidate the asset and exit the market.
An opportunity exists for a purchaser to acquire the lots and on-sell into the local retail and wider investment market. Local agents and builders are equipped to assist with the on sale of the lots and available to give advice if required.
The owner / developer will consider unconditional offers within a 30 day settlement period that are in excess of $2.0m plus GST (for all 31 lots), however is willing to consider all offers as presented in general accordance with a pre-prepared Contract of Sale which can be made available for review by interested parties on request. Note; The owner / developer will not consider offers which include such key terms as a partial sale of the 31 lots, deferred settlement periods or subject to finance.
For Sale By Owner (www.forsalebyowner.com.au) is a national service for home owners who are looking to sell or rent out their own homes without paying any real estate commission. Whilst every care has been taken to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.