Earlier this year a $3 million development of 28 dwellings in Sandymount Avenue, Inverloch was approved by Council in the town of Inverloch, Victoria.
The original proposed plans were knocked back by council because of concerns with the height of the development, number of dwellings and numbers of car parks, in addition to the effect of traffic flow in the neighbouring streets.
Subsequently, Coastal Property Development, the owners of the site returned to council with an amended plan addressing the concerns.
The amended changes to the plans included a reduction to the number of dwellings, 31 to 28, the development layout was altered to improve solar access, the height of the development was subsequently reduced in addition to the width of the basement carpark and the number of crossovers along Golf Street were deducted.
This impressive design will transform the area and will be a landmark development for Inverloch for many years to come.
This property has been listed on property portal Permitready.com.au by Agents Burgess Rawson Commercial Property Consultants and LJ Hooker Inverloch. They wanted to attract a developer market to showcase the pre-approved development permit, in addition to attracting investment groups outside of the current area.
Nick Materia, founder of PermitReady.com.au said, “It’s a great endorsement for our brand that leading agencies such as Burgess Rawson understand that when selling a unique property requires targeted marketing, we can help generate a greater pool of buyers for agencies with permit approved sites.”
Generally these types of listings get lost amongst the standard properties that are up for sale, consequently allowing the developer markets to miss out on these golden opportunities.
“We showcase these unique permitted sites to our developer and investor database who do not have time to wade through the standard listings for sale on the existing portals. They simply want to view development sites that are ready to commence construction consequently avoiding the council delays,” Mr. Materia said.
Furthermore, Cr Jordan Crugnale of the Bass Coast Shire Council stated, “It’s a development that raises the bar across the shire in terms of sustainable and sensitive development.
“It’s gone through quite a rigorous process of community consultation and the applicant has worked with council officers over a long period of time.
“It’s catering for a market in Inverloch that is much needed.”
This iconic development is a great investment for the community as it will create jobs and generate growth in the area.
Tenders closing this Friday 14th August 2015, 4pm.
They can be lodged at:
-Burgess Rawson – Level 7, 140 Bourke Street, Melbourne, or
- LJ Hooker, 6 Williams Street, Inverloch, VicTo find out more about this site