14-17,23 Shannons Drive LAMMERMOOR QLD 4703
$144,000 to $172,000

DESCRIPTION

The Owners of the land development known as Ocean Ridge Estate wish to sell the remaining three (3) lots in stage 5 and enable them to finalize the entity that has constructed these wonderful residential allotments.

Ocean Ridge Estate has been well received by builders and home owners. It has seen the growth of quality family homes which are designed with innovation and flair. Since the release of the initial stages there has been a high degree of construction and few infill lots remain. The success of the estate has been a combination of the size of the allotments, the location and the views.

The last 3 lots being offered are in line with the rest of the estate. They are big, they have great access to everything and they have views but they are being sold way below the sale prices for the rest of the estate.

Stage four (4) as an example, was sold with an average price of $181,600 with the highest price of $300,000. Stage 5, containing these last Three (3) allotments - has to this date sold for an average price of $266,455 with highest prices being for allotments on the cul-de-sac at $400,000.

The owners recognized a need to assist future home owners in this stage and they have a blanket MCU (Material Change of Use) across all the allotments and this will be made available to save application fees to Livingstone Shire Council and to make the process of construction easier.

The size of the allotments is also conducive to the establishment of dual occupancy and a few are sprinkled throughout the stages. The corner allotments of Lot 70 and Lot 72 appear to be ideal for this purpose if deemed appropriate by buyers.

All the lots in the estate have underground power, storm water drainage, town water and telecommunications (with connections to the NBN in Yeppoon scheduled to occur before March) . Ocean Ridge Estate is close to the Sacred Heart Primary School and is not far from Tarangaba State School. The housing in the estate is all new and with time will become a delightful leafy suburb to raise a family.

All the lots are big, they are economical, they are located near to schools and the beautiful Lammermoor Beach. We at LJ Hooker Yeppoon believe that anyone who acquires one or more of these last allotments will be delighted with their bargain.

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