DEVELOPMENT SITE

Ayrlie Park Estate

170 acre LOW DENSITY DEVELOPMENT SITE This prime location property currently allows for approx 70 X 2.5 acre lots to be developed, but Planners are interested in a higher ratio subdivision and are open to consideration of a rezone to accommodate future requirements. A higher density subdivision of around 200 half acre lots could be developed subject to conditions. Local authority averaging provisions allow for up to 70 lots to be developed immediately with sizes from half acres to one acre whilst the remainder of the property is being rezoned to allow similar size lots. There are three distinct access roads to the property, each allowing development opportunity. Vendor can offer partial release for development to enable construction of the first 70 lots to take to market. Negotiable terms are available.