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22 Driftwood Boulevard

Old Bar NSW 2430

831.3 m²
Land
Currently for sale - view listing

Overview

DA APPROVED TRIPLEX SITE

Positioned within the Emerald Fields Estate, 22 Driftwood Boulevard presents an outstanding opportunity for developers, investors, and builders looking to capitalise on the strong demand for quality housing in Old Bar. Set on a generous 831.3sqm* block, this premium site comes complete with DA approval for a triplex development comprising three well designed two-bedroom units, allowing you to fast-track your next project and avoid the lengthy approval process. Adding further appeal, water meters have already been installed, while the Construction Certificate is reliant upon developer contributions being paid to MidCoast Council, providing a clear pathway towards commencement. Located in one of Old Bar's newest and residential estates, the property enjoys convenient access to local amenities and the stunning coastline that has made the area so popular with both residents and investors. Features include: • DA approved triplex development site • Approved for three, two bedroom units • Generous 831.3sqm* parcel of land • Water meters already installed • Situated within the popular Emerald Fields Estate • Strong potential for investment or development returns • Estimated rental return $1,600 - $1,700 per week Conveniently located approximately: • 3 minutes' drive to Old Bar town centre • 4 minutes' drive to Old Bar Beach • 2 minutes' drive to Old Bar Public School Development-ready opportunities of this calibre are becoming increasingly difficult to secure. Whether you're looking to build and retain, sell individually, or expand your development portfolio, this is a project with the groundwork already in place. Disclaimer: All information contained therein is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries. *Approximate areas, distances, times

Features

831.3 m² lot size
Land

Happy sellers in Old Bar

<50%
Less than 50% of sellers in Old Bar reported that their sale price either exceeded or met their price expectations.

Old Bar stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Old Bar over the last 12 months.

Local market activity for land plots in Old Bar

In the last 12 months, 33 land plots similar to 22 Driftwood Boulevard, have been sold.

This represents a 20% increase in land plots sales when compared to the previous 12 months.

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