Pending DA Approval - Dual Occupancy Opportunity with Holding Income
An exceptional opportunity to secure a prime development site in the heart of Booker Bay, complete with plans for a potential dual occupancy Torrens Title subdivision and the added benefit of existing rental income.
Positioned on a generous approx. 696sqm block, the plans allow for two architecturally designed residences featuring spacious open-plan living, multiple living areas, alfresco entertaining and contemporary coastal design.
Whether you are a developer ready to commence your next project, an investor seeking a land-bank opportunity with holding income, or a builder looking for a ready-to-go site, this property offers outstanding flexibility and future value.
Ideally located moments from Booker Bay Beach, Ettalong foreshore, cafes, shops and ferry access to Palm Beach.
Key Features:
- Approx. 696sqm level block
- Pending DA approval for dual occupancy + Torrens Title subdivision
- Existing property configured as 2 dwellings, both currently leased
- Potential for increased rental return
- Plans for two luxury residences
- Highly sought-after coastal location
- Ideal for developers, investors or builders
Features
cottageHouse
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