Mortgagee in Possession.
A REGIONAL OPPORTUNITY TO ACQUIRE THE BALANCE OF A WELL ESTABLISHED ESTATE CURRENTLY UNDER CONSTRUCTION
Biggin & Scott Land and KBL Commercial are delighted to offer the opportunity to purchase the balance of the Shannon Waters Residential Estate (Shannon Waters), comprising two proposed development super lots totaling 61.25 Ha of General residential zoned land together with 17 titled lots, available as a whole or individually.
Located just 5 minutes from the Bairnsdale Town Centre, Shannon Waters is an outstanding 542 lot residential housing development in East Gippsland’s largest city, Bairnsdale. With an established brand and steady monthly sales since its inception, Shannon Waters has been well received by the regional market with 166 lots sold and the majority of homes built or under construction.
* Lot A: 11.7 Ha proposed superlot, suitable for aged care, retirement living or residential development (STCA)
* Lot B: 49.5 Ha proposed superlot comprising 359 residential lots over 12 stages
* 17 titled lots ready for sale
* 5 minutes from Bairnsdale Town Centre
* Walking distance to schools
* Consistent lot sales since the estates inception
For Sale by Expression of Interest closing
Wednesday 29th August, at 12.00 noon.
Biggin & Scott Land
Callum Williamson 0424 883 018
Frank Nagle 0418 497 888
KBL Commercial
George Kipper 0418 326 190
