Parkland Estate Development Norfolk Island

Retirement Living, Development 4 Bedroom 4 Bathroom 2 Garage

THIS SPRAWLING ESTATE is just over 5 hectares, complete with sunny manicured gardens. Established buildings include the main community centre, 2 ground floor 2bdrm 2 bthrm villas with substantial capacity for 10 more, and large green house. Designed as vital island Retirement Living and Aged Care complex, the site is teeming with this and other development possibilities.

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THIS SPRAWLING ESTATE is just over 5 hectares with residential zoning and a superb central island location, just minutes to the main shopping centre.

Established are two beautiful ground floor dwellings, each with 2 bedrooms and 2 ensuite bathrooms.  The residences and infrastructure are as new.  At 12.39 acres, there is substantial capacity – and approval was in place – for another 10 or more villas with ample parking.

There is a large community hall/ conference centre with fully equipped kitchen, green house brimming with plants and you are surrounded by manicured, drip fed gardens.  Water is sourced from a private bore and creek, 2 x 20,000 gallon water tanks, and the property has town water as well as underground power, gas, and town sewerage.

It was designed as vital island Retirement Living and Aged Care complex.  Assistance from the Commonwealth or State Governments is a possibility for such a development upon application.  The property also had approval for subdivision, so creative development may include individual titles or your own new-fashioned community living.

An impressive investment potential awaits at $1.5M.

Arrange an inspection now with the most experienced Agents on the island ~ Norfolk Island Realty ~ phone David on (+6723) 50701 any time. 

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Business hours office phone Mon-Sat: (+6723) 22601

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*All Australian and New Zealand citizens can own their own slice of paradise on Norfolk Island with no restrictions, and for a fraction of the cost of property in Australia.  All other citizens can apply for ownership of land, units, new homes or businesses under Australian Foreign Ownership regulations.