Live in it. Invest in it. Develop it. Opportunities offering all three are exceptionally rare.
Positioned just metres from the Manning River in one of Cundletown's most tightly held pockets, 22 River Street presents an outstanding opportunity to secure a quality family home with council-approved subdivision already in place.
Set on a generous 1,105m² level corner allotment with dual street frontage, this unique property offers immediate lifestyle appeal together with genuine future potential. Whether you're searching for a spacious family home, a high-quality investment with rental income, or a development opportunity where much of the hard work has already been completed, this property delivers flexibility that few others can match.
Unlike many development opportunities, approvals are already secured. The property benefits from a council-approved two-lot subdivision, with the vacant allotment already DA approved and services available at the boundary. This provides the flexibility to build, sell the additional lot, create long-term wealth or simply retain the extra land for the future.
The existing four-bedroom home is comfortable, spacious and currently leased, providing immediate income while you plan your next move. Inside you'll find generous bedrooms, a separate study, sunroom and air-conditioned living areas designed for practical everyday living.
Outside, the property offers excellent storage with two lock-up garages, a double carport and ample space for boats, caravans, trailers and additional vehicles.
Located in the sought-after flood-free river precinct, you'll enjoy an easy walk to the Manning River, boat ramp, parks, schools and local shopping, while Taree's CBD is only minutes away.
Property Highlights:
+ Level Corner 1105m2 (Approx) block with dual street frontage
+ Council-approved 2-lot (2 x 552.5 m2) subdivision
+ DA approval in place for 2nd lot
+ Established 4 bedroom home with great rental return
+ Separate sunroom and study
+ Air conditioning
+ Two lock up garages and a double carport
+ Flood-free river precinct location
+ NBN Fibre to the Premises
+ A short walk to school, parks, shops, and boat ramp
+ Home currently tenanted at $550/week.
Perfect purchase for:
+ Families wanting room to grow
+ Investors seeking immediate rental returns with future capital growth
+ Developers wanting approvals already secured
+ Buyers looking to build for extended family or create an additional asset
+ Those seeking a premium lifestyle close to the Manning River
A Rare Opportunity
Properties that combine an established home, approved subdivision and a premium riverside location rarely become available. Secure the lifestyle you want today while retaining the flexibility to unlock the property's future potential tomorrow.
Inspect today and discover why 22 River Street is one of Cundletown's most compelling opportunities. Contact Laing+Simmons on 6551-2299 today.
