2 Southview Street

Bulli NSW 2516

1869 m²

Block of units

Jake Stylis, last sold this property on 12 February 2026 after 29 days on market.

Overview

Blue-Chip Coastal Holding - 7 x 2-Bedroom Lots on 1869 sqm

Offered to the market is a rare, high-calibre coastal asset comprising seven (7) two-bedroom residential lots on a single title, positioned on an expansive 1869 sqm landholding just 650 metres from both McCauleys Beach and Sandon Point Beach. An exceptional opportunity with strata subdivision approval already granted by Wollongong Council. The hard work has been done, with all preliminary planning and approvals in place. The approved strata subdivision comprises four lots: - Three units at the rear, each on separate individual titles - Four units at the front, held on one title Only standard statutory fees remain payable to proceed with registration. The approval provides up to five years to complete the strata subdivision, offering flexibility for investors or developers. A rare chance to secure a property where the legwork is complete, approvals are in hand, and future potential is ready to be unlocked. This property represents a compelling opportunity for developers, investors, and land-bankers seeking a premium coastal site with strong existing income, significant rental upside, and long-term redevelopment potential (Subject to Council Approval). Site & Location Highlights Rare 1869 sqm parcel in a tightly held coastal precinct Dual beach lifestyle location - walk to McCauleys Beach & Sandon Point Beach Ideal investment, land-bank or redevelopment opportunity (STCA) Excellent access to coastal walkways, cafes, village amenities and transport Current Rental Breakdown: Unit 1: Vacant - previously $480 p/w Unit 2: $500 p/w - lease expired Unit 3: $300 p/w - increase issued to $450 p/w from Feb 2026; lease expires 23/03/2026 Unit 4: $450 p/w - lease expired Villa 5: $640 p/w - lease expired Villa 6: $640 p/w - lease expired Villa 7: $590 p/w - lease expired; potential immediate rent increase to $650 p/w Investment Thesis - Premium coastal landholding of scale - Strong interim income while pursuing approvals or future redevelopment - Majority of leases expired - maximum control and flexibility - Rare opportunity in a supply-constrained beachside market - This is a blue-chip coastal asset offering multiple value-creation pathways in one of the region's most desirable lifestyle locations. Opportunities of this size and proximity to the beach are increasingly scarce.

Features

14 bedrooms

7 bathrooms

9 carspaces

6 carport spaces

3 garage spaces

1869 m² lot size

Block of units

Estimated Value

We need at least 3 similar 14 bedroom block of units sold in Bulli over the last 12 months.

Property history for 2 Southview Street

2026

Sold

Undisclosed

Sold Before Auction on 12 Feb 2026 by Jake Stylis, of LJ Hooker - Wollongong

Happy sellers in Bulli

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