1 - 15 Washington Street, Goolwa SA 5214

An outstanding development opportunity exists for a residential development comprising up to 19 blocks (STCC) in this tightly held and sought after location.

The property boasts 3 street frontages - 68.48 metres of prime river frontage along Liverpool Road - 175.66 metre frontage to Washington Street and 43.12 metres along Fenchurch Street.

The total land holding is 1.012 ha (2.5 acres) and is found in one of the most desirable locations in Goolwa North. The property is being sold as a whole, together with a Council leased jetty - close to the Goolwa North boat ramp and within walking distance of the Goolwa township.

The legal description of the property is Certificate of Title Volume 5869 Folio 529, being Allotment 69 Filed Plan 218455 as is found in the Alexandrina Council area, zoned residential.

Development plans have been drawn up by Veska & Lohmeyer Pty Ltd, Licensed Surveyors, showing a plan providing for 19 allotments, meeting the development guidelines of Council, however as yet have not been presented for Development Approval.

This rare, long held offering represents a wonderful opportunity to create a land mark development in one of the State's most soughtafter and admired holiday destinations. The Riverport town of Goolwa, only one hour's drive from Adelaide, located at the mouth of the River Murray offers the full range of water sports from sailing, boating, fishing, skiing, swimming, surfing and so much more. Great restaurants and cafes make this one of the most desired holiday hotspots in the State.

The property is being sold by Expressions of Interest closing Thursday 18 June 2015 @ 12 noon.

Price Guide : $1,000,000