Hindmarsh Island Lot 604 Fraser Drive

UNDER CONTRACT

The opportunity to continue and complete the boutique residential land development project on Hindmarsh Island known as Sturt Ridge is now available.

With current approval for further development of 67 urban sized allotments, Stage One (of 25 lots) has been completed and sold.

Stages Two, Three and Four are now available and contained in one single title, with substantial storm water, electricity, sewerage, and telecoms available, and with water retention and reserve completed.

There are elevated positions overlooking the Lower Lakes, Goolwa, and the Hindmarsh Island bridge available, along with a mixture of regular allotments.

Stage One has seen the construction of twelve substantial homes protected by the project's building encumbrance, setting the scene for further high-quality development in the future.

On Hindmarsh Island, there is a very limited supply of englobo land suitably zoned for development into urban-sized lots. Sturt Ridge is positioned within a few minutes' drive over the bridge to the thriving township of Goolwa, with its abundant shopping, cafes, municipal and community services, which is about to be augmented by the opening in 2022 of the new Goolwa Secondary College.

Population growth in Goolwa (and its surrounds) has, for many years, well exceeded levels achieved State-wide. One of many reasons is the weather... Year round it always seems to be more moderate in Goolwa, being so close to the river and the ocean.

The scenario for a builder/developer able to control design and estate presentation in a manageable environment, is particularly appealing.

Expressions of interest are sought from builders and developers who may wish to take advantage of this unexpected opportunity to carry on with the successful development of the Sturt Ridge project.

AGENTS:
Rick Harcourt 0407 007 880
RLA 175274

in conjunction with

Charles Booth 0408 898 287
RLA 294724