Set high on the prized Elouera Drive in sought-after Sapphire Beach, this rare offering delivers not just one, but two blocks DA approved for subdivision. Both blocks boasting sweeping panoramic ocean views of the iconic Solitary Islands and coastline.
Whether you're a savvy investor, developer, or dream-home seeker, this is an unmissable chance to secure a premium coastal address with endless potential and some of the best ocean views Sapphire Beach has to offer!
• Two DA-approved lots with panoramic ocean views: Lot 1: 473 sqm and Lot 2: 476 sqm.
• Renovate or rebuild - upgrade the existing home into your coastal retreat or start fresh with two brand-new dwellings.
• Potential to build two separate homes with sweeping north, east, and south ocean vistas.
• Elevated position capturing sea breezes and the quintessential coastal lifestyle.
• Prime investment opportunity with flexible options for rental income or staged development.
• Currently rented on an expired lease at $680 per week to great tenants while planning your vision.
The existing home offers comfortable, functional living with three well-sized bedrooms on the lower level, a main bathroom, separate toilet, a second toilet off the rear laundry, and a single garage. A timber-style kitchen and spacious dining area flow to an outdoor entertaining space and additional rumpus room, perfect for relaxed coastal living. Upstairs, a generous open-plan lounge opens to a wide balcony, capturing elevated ocean views-ideal to enjoy as-is or lease out while you plan your future dream build.
Opportunities like this are incredibly rare in Sapphire Beach. Whether you're ready to develop, invest, or design your dream coastal haven, this property offers it all. Don't miss out-contact us today to secure your slice of paradise.
Agent's interest declared.
Council Rates: $4,154 pa (approx.)
Land Size: 948.4 sqm (approx.)
Zoning: R2
