The opportunity now exists to capitalise on the planning works already approved for the development of multi-dwelling housing to comprise 47 townhouses at 2 Monash Street, Dubbo.

Listed for sale through Elders Commercial’s Andrew McDonald and Joe Walkom, the project offers a prime investment in the thriving regional city of Dubbo. The development site is excellently positioned on one of Dubbo’s busiest streets, with Cobra Street forming part of the Mitchell Highway.

Mr McDonald said the development site is a standout opportunity for investors and developers. The approved plans and prime location on a major thoroughfare make it an excellent choice for multi-dwelling housing in Dubbo."

The site enjoys a long Highway frontage of 256 metres and is located close to major local landmarks such as Apex Oval, Orana Mall, and Harvey Norman. The redevelopment of the ex-RAAF Depot land opposite this site is now well advanced, further enhancing the area's appeal.

Mr Walkom said that with approval for 47 townhouses, "this site offers substantial potential for residential development in a high-growth area. Its proximity to key amenities and prominent visibility make it a highly attractive investment. The construction certificate has now also been lodged with Dubbo Regional Council."

This exceptional development site, spanning 13,540 square metres and zoned R1 General Residential, will be up for auction at 11:00 am on Wednesday, 4 September 2024, at the Victoria Park Clubhouse, No 1 Oval, Dubbo.

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