4-20 Hancock Place Paradise, Newfoundland & Labrador A1L 0E8

$475,000

Attention builders and developers — prime development opportunity in one of Paradise’s most desirable and rapidly growing areas. Ideally located just off Kenmount Road, this parcel offers exceptional potential for residential development in a high-demand location surrounded by newer homes, expanding neighborhoods, and ongoing growth throughout the Paradise and St. John’s region. Conveniently situated near schools, shopping centers, restaurants, recreation facilities, walking trails, and major highway access, this property combines strong investment value with an unbeatable location. The area continues to experience significant residential expansion, making this an ideal opportunity for developers looking to secure land in one of the Northeast Avalon’s most active markets. The parcel offers the potential for a minimum of five building lots (subject to municipal approvals), providing excellent flexibility for future subdivision and development plans. An additional parcel located on the next street over, Kenora Place, is also available for purchase, presenting further opportunities for builders and investors seeking multiple development sites within the same rapidly growing area. Rare opportunities like this are becoming increasingly limited in Paradise. (id:51189)

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https://www.realtor.ca/real-estate/29905668/4-20-hancock-place-paradise