Developers and investors - this is the type of site that stacks up.
Located in desirable Torbay, 4 Morice Place sits on 845sqm of Mixed Housing Suburban zoned land, offering clear potential for intensification (subject to council approval). The elevated position delivers sweeping 180-degree sea views, significantly enhancing end-value for any future project.
Preliminary concept plans are available for your review. They illustrate the site’s significant potential, including opportunities to maximise valley and harbour views. Whether you adopt these concepts or develop a new design, the plans provide a strong starting point to explore and optimise the property’s development potential.
Current improvements are in do-up or knockdown condition, allowing you to maximise site efficiency from day one. With easy access and services available, the site is well positioned for redevelopment.
Why this works:
Size + zoning = development potential
Sea views = premium resale margin
Coastal location = strong buyer demand
Straightforward site access
Deceased estate – instructions are clear - Must Be Sold!
Auction – act with urgency.