Property Description

Exceptional Residential Development Opportunity Near Huntsville. Rare opportunity to acquire a 24-lot residential development in the Township of Perry, conveniently located just five minutes from Highway 11 and approximately 15 minutes from Huntsville. The development includes 24 generously sized lots, all a minimum of 2.5 acres. Ten lots will be fully registered, with an additional 14 lots receiving draft approval prior to closing of a sale. The lots are level or relatively level, providing excellent potential for straightforward development. Adding to the appeal, gravel suitable for road construction is located in close proximity to the property, while hydro is available at the lot line. The current zoning allows for the construction of up to a triplex on each lot, creating significant potential for a variety of residential development opportunities. An additional benefit is that the Township of Perry does not currently charge development fees, further enhancing the attractiveness and potential economics of this unique project. With its convenient location, large estate-sized lots, favourable zoning and significant development potential, this is an outstanding opportunity for a developer or investor looking to capitalize on the continued growth of the Huntsville area. (id:7434)