Situated along the railway trail, this lot has the potential to be your secluded hideaway. Zoned residential 1, the .6-acre land holds a length greater than 385 ft that widens to a maximum of 110 ft and has a total coverage of 26,586 sq. ft. The Bermuda Plan 2018 allows for a building site coverage of 12% of the lot size which means that up to a 3,190 sq. ft. site coverage is allowed. If open to building a two-story home, the house would double the living area of a single-story house allowing 6,380 sq. ft. of space for the homeowner. The property is accessible from Middle Road across the Railway Trail. If so inclined, purchasing Lot #3 and Lot #4 (also available) at a packaged, reduced pricepoint is possible. Each of these lots has stunning, lush views and exemplary development opportunities for two units or greater under one roof (four units or more for both lots).
To find out more about mortgages through Morston Financial, contact us today at mortgages@morstonfinancial.com or visit our website at morstonfinancial.com
Monthly repayment is an estimate for guidance only. Calculation is based on an interest rate of 7.00%, 30% deposit over a 25 year period.