The is a rare opportunity to develop land located off St 19 behind the Royal Palace in Street 19z, which is a cul de sac. The land comprises 223 sqm in an L shape and is suitable for a residential development. Typically in the area, there is a height restriction of no more than four floors. However, the Okay Boutique Hotel is approximately 14 floors and blocks any views of the Palace, therefore, there could be an opportunity to go higher.
The owner had plans for a four storey serviced apartment and piles have already been put in place to accommodate the building.