15 Coralville Road presents a rare dual occupancy opportunity with strong income potential and genuine development upside with approved sub-division.
The parcel has been approval to be subdivided into three lots, opening the door to build, sell, and realise profit rather than simply land banking. Subdivision is already approved, with DA in place for a granny flat at the rear of Lot 1.
The existing front dwelling is modest yet serviceable, offering immediate rental return while you plan your next move. Add the approved granny flat to create a dual income stream, or take advantage of the site's full potential with future development.
Whether you're looking to live, invest, develop, or build and flip, this is a flexible, high-potential opportunity in a tightly held coastal-rural pocket.
Key Features:
- Subdivision approved for 3 lots
- DA approval for granny flat on Lot 1
- Dual occupancy / dual income opportunity
- Existing dwelling for immediate return
- Ideal for investors, builders, or developers
- Coastal proximity with farmland and mountain view potential
Positioned just minutes from Crowdy Bay National Park renowned for its uncrowded coastline and natural beauty the property also offers the potential for sweeping farmland outlooks and views toward South Brother Mountain and Middle Brother Mountain.
Auction | 14th May
Inspections via Saturday Open Homes & Private Inspections
Act now to secure a site where the groundwork is done and the upside is clear.
Features
3 bedrooms
1 bathroom
crop_free7082 m² lot size
cottageAcreage Semi-Rural
Property history for 15 Coralville Road
2024
Rented
Undisclosed
Leased on 21 Jul 2024 by Manning Valley Property & Livestock
2023
Rented
Undisclosed
Leased on 31 Oct 2023 by Manning Valley Property & Livestock
2021
Sold
Undisclosed
Private Sale/Treaty on 01 Apr 2021 by Vicki Walker, of Lifestyle Manning Valley
Happy sellers in Moorland
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Local market activity for 3 bedroom acreage semi-rurals in Moorland
Sold
For Sale
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