Exciting Development Opportunity in the Heart of Old Hilton Pre-packaged for 22 Free-standing or 24 Sectional title units.
With commercial developments and growing interest in Hilton, there is a shortage in demand for residential property at all levels. FINALLY there is an answer to this severe shortage and an opportunity for developers to take on the whole project or select smaller parcels that suit their capacity. Sub-divisions for this development have been submitted to council and are at town-planning phase, however subdivisions have not been registered, to allow developers to package it as they prefer. This unbelievable piece of real estate has been transformed over the past forty years from a scraggly gum forest to an indigenous natural environment and a rambling formal garden with outside entertainment areas. A strong perennial spring which provided the horses of the mounted police with water from over a hundred years ago, still feeds the main stream on the property. It is joined by another smaller stream on the property and finally by a stream from the old railway tunnel which together forms the source of the Cascades stream. All the subdivisions has a stream as boundary and have access to the forest. The plans will accommodate 22 freestanding units or 24 sectional title units. Minimal earthworks has been factored in to locate buildings and to construct access routes thus reducing the cost of services.
The shape and terrain of the property lends itself to a mixed development from boutique, medium, or entry level properties. The project could also be seen as four separate undertakings, each with its own character that may suit smaller developers to get completed units to the market sooner. In addition : the property includes a grand double storey home with impressive classical architecture and fittings. A fountain, a swimming pool and water features will lead you to breath taking outside entertainment spaces and the house that can serve as an ideal club house, guest house, and restaurant, or separately, on its own subdivision, as a family home of classical proportions and ambiance with the option of building a second house on the same subdivision.
The scope of this project is unique and full of potential – not only for the potential developer or house hunter, but for the growing town of Hilton. We look forward to sitting down and presenting the full scope to you
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
