Directly opposite the lakefront and set on a substantial 917.3sqm holding with 20.135m frontage, this is the kind of property that rarely comes up and almost never disappoints. With uninterrupted lake views and E1 Local Centre zoning, it offers a breadth of opportunity that's hard to match in this tightly held lakeside strip.
The appeal lies in its versatility. This could be a true set-and-forget investment with scope for up to five separate income streams, a live-and-work setup, where home and business coexist effortlessly, a renovation, or rebuild into a statement lakeside residence. Or even a larger mixed-use play with multiple dwellings (STCA). Few sites offer this level of choice, especially with the water directly across the road.
Currently occupied by the well-known Silk Gardens plant shop, the property also includes a hairdressing salon and self-contained one-bedroom unit on the ground floor, plus a modern three-bedroom, two-bathroom split-level apartment above. Here, northeast-facing views stretch across the lake from Speers Point to Valentine, with a generous deck that's made for sunrise coffees and slow mornings overlooking the water. Seven customer parking spaces sit at the front, complemented by a single garage and carport tucked behind the tropical established gardens at the rear.
Further discussions can be held in relation to the long established Silk Gardens business. The flexibility here is exceptional. Under E1 Local Centre zoning, permissible uses include (but aren't limited to):
• Shops and retail
• Cafés, restaurants and small bars
• Business premises
• Health, community and professional services
• Mixed-use developments, including residences above commercial spaces
This is a rare chance to secure scale, zoning, income potential and lakefront position in one tightly held package. It's a property that works today and leaves plenty of room to think bigger tomorrow.
-Empire Marina – 500m, Booragul Station – 2.4km, Toronto's cafés, shops, foreshore – 5km
-Booragul Public School – 1.4km, Lake Macquarie High – 1km, St Paul's – 1.9km
-Woodrising IGA – 2.2km, M1 – 14km, Newcastle CBD – 23km, Sydney 120km
* This information, including but not limited to photographs (which may show boundaries), copywriting, floorplans, and site plans, has been prepared solely for the purpose of marketing this property. While all care has been taken to ensure accuracy, we do not accept any responsibility for errors, omissions, or inaccuracies. We strongly recommend that all interested parties make their own enquiries and seek independent advice, including speaking with their conveyancer regarding boundaries and, where appropriate, obtaining a surveyor's report, to verify the information provided.
