Situated just a short walk from Scotts Point Beach and the Margate Parade foreshore, this property presents outstanding potential for developers, investors, or buyers seeking a foothold in a tightly held location. Set on a generous 620m² parcel with Next Generation Zoning, the possibilities here are exciting and varied.
The House
Renovated and brimming with character, the property is split into two well-appointed units:
Unit 1: This ground-level, low-maintenance residence features two bedrooms plus study a modern kitchen and bathroom, open plan living, air-conditioning, and a fresh, neutral palette.
Unit 2: Elevated to capture sea breezes, this three-bedroom layout includes high ceilings, spacious kitchen, open plan lounge/dining, air-conditioning, and abundant natural light.
The Investment
Located in a proven growth area close to water, this property offers solid yield—Unit 1 currently returns $460 per week, with Unit 2 at $500 per week. This is an opportunity to secure a dual-income asset in a high-demand rental market.
The Development Potential
With Next Generation Zoning, the property offers exceptional future development prospects. Sites with these credentials—and so close to the waterfront—are increasingly rare, making this a standout choice for those planning ahead.
The Location
Enjoy a vibrant lifestyle in Woody Point, one of the peninsula's most desirable suburbs. The waterfront, walking paths, cafes, and shopping are steps away, along with easy access to local schools and public transport—life here is all about convenience and community.
This is a rare chance to secure a dual-income investment with development potential in a tightly held peaceful enclave. Contact us now for further information or to arrange an inspection.
