28 Azalea Ave

Wauchope NSW 2446

1113 m²

Block of units

Currently for sale - view listing

Overview

Block of 3 Units + DA Approved for 2 More | Rare Wauchope Opportunity

NOTE: Please send an email enquiry including your first and last name, email and phone number to receive an automated reply enclosing price information, figures and further details about purchasing process. A rare opportunity to secure a 1,113sqm block of three existing units with development approval in place for two additional dwellings, offering a clear pathway to a five-unit complex. This generous parcel is positioned just 1.5km from Wauchope's CBD and approximately 1.3km to the Wauchope Country Club, combining convenience with strong ongoing tenant appeal. Often referred to as the hinterland of Port Macquarie, Wauchope is experiencing growing demand from buyers seeking greater value and space while remaining closely connected to the coast, much like the way surrounding hinterland markets support lifestyle hubs such as Byron Bay. That momentum is also underpinning demand for well-located investment assets, with limited supply of unit blocks and development-ready sites making opportunities such as this increasingly scarce. This is a strategic investment opportunity with an established multi-dwelling asset, renovation benefits already realised, long-term tenancy providing stability, and DA approval secured for expansion to five units. - Block of 3x units on a single title - Approved for expansion to 5x units - 2 units leased one vacant for public open homes - Large landholding with future upside - Positioned in a high-demand regional market, and offering a flexible strategy to hold, improve or develop. NOTE: This property is being offered for sale via an Expression of Interest campaign. The vendor reserves the right to accept an offer and proceed with a sale at any time prior to the closing date. DISCLAIMER: All information contained herein has been obtained from sources deemed reliable; however, it has not been independently verified, and its accuracy is not guaranteed. Interested parties must make and rely on their own enquiries.