580 Tumbi Road

Wamberal NSW 2260

8092 m²

Acreage Semi-Rural

Currently for sale - view listing

Overview

Dual street access, strong income or major development upside

Set across a substantial acreage holding in one of Wamberal's most tightly-held and highly sought-after lifestyle pockets, this exceptional property delivers immediate income alongside compelling long term strategic value. Currently operated as a well established and popular holiday accommodation destination, the site is configured in a motel style format with five self-contained rooms and a manager's two bedroom apartment, a swimming pool, and shared common facilities. While the existing operation provides a proven holding income, the underlying value is firmly in the land itself, enhanced by scale, configuration, potential dual access, and genuine scope for future redevelopment or repositioning, subject to council approval. - Significant acreage holding in a blue chip Wamberal location - Well established and popular holiday accommodation generating strong holding income - Existing motel-style layout; five self-contained rooms and a manager's two bedroom apartment - Central swimming pool and common room supporting short stay accommodation - Potential for dual access, enhancing flexibility and future design outcomes - Core value driven by land size, scale, and long term redevelopment potential - Suitable for land banking, redevelopment, or strategic repositioning - Private, secluded setting offering scale and separation rarely found this close to the coast - Tightly-held supply of acreages in Wamberal, together with the proposed sewer upgrade - Purchasers should make their own inquiries in regards to any future development potential KEY DETAILS: Council Rates $4,246pa Water Rates $126pq