An outstanding opportunity to secure a substantial approx. 899sqm parcel of land in one of Coal Point's most tightly held and highly regarded locations. This property is being offered primarily for its land value, position and future potential, making it ideal for developers, builders or owner-occupiers looking to create a custom home in a premium lakeside suburb (STCA).
The existing three-bedroom, one-bathroom dwelling is in original condition and will require significant renovation or complete redevelopment. A double garage is already in place, however the true appeal lies in the size of the block, elevated outlook and lake views, providing an excellent foundation for a future build designed to maximise the position.
Coal Point is widely recognised as one of Lake Macquarie's most desirable suburbs, prized for its quiet streets, quality homes and strong owner-occupier demand. Blocks of this size in such a location are becoming increasingly scarce, presenting a rare chance to secure a long-term investment or build a forever home in a blue-chip setting.
The location offers exceptional convenience, being 250 metres to Coal Point Public School, 100 metres to public transport, approximately 1km to the Coal Point Boat Ramp, and just a 5-minute drive to Toronto CBD, foreshore and shops.
This is a genuine opportunity to capitalise on a premium Coal Point address and unlock the full potential of a generously sized block in a suburb that continues to show strong growth and demand.
Avery Property Professionals are proud to present this property to the market. Please contact Craig Avery or Peter Carter today to secure your inspection.
Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
