5 Hope Street
Encounter Bay SA 5211
Best Offers By 16/5/2025 (USP)
Significant Development Opportunity in Prime Coastal Location!
Best offers by Friday 16/5/2025 (unless sold before hand)Price Guide $900,000 - $990,000
A rare and exciting offering in the heart of flat Encounter Bay – this substantial 2000sqm (approx.) allotment presents a wealth of potential for developers or those seeking to build their dream coastal escape. Spanning the full length between Hope Street and Chapel Street, the site offers versatility for a range of development options including fully or semi-detached dwellings (Subject to all necessary approvals). Power, town water and sewer are all available along Hope Street for the buyer to connect to the property.
Zoning is Housing Diversity Neighbourhood. Under this zoning Minimum site area for a detached dwelling is 300 sqm; semi-detached dwelling is 220 sqm; row dwelling is 180 sqm; group dwelling is 275 sqm; residential flat building is 200 sqm.
Perfectly positioned just a short stroll to the stunning Encounter Lakes reserve and beach and within easy reach of the vibrant Franklin Parade, including the historic Yilki Store, this location promises an enviable lifestyle for future residents. Opportunities of this scale and location are increasingly hard to find – don't miss your chance to capitalise on this exceptional piece of coastal real estate!
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. RLA 62833
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