Rare opportunity within walking distance to the water - This expansive 1,214m² property (already on two lots – Lot 114 & Lot 115) comes with council-approved plans for subdivision, allowing you the flexibility to develop, hold as a high-growth investment or both.
Key highlights:
• Council-approved realignment – commence development on one lot while retaining the existing highset as an income-producing home or investment
• Subdivide into three lots (STCA)
• Dual occupancy or secondary dwelling/granny flat potential (STCA) — a versatile opportunity in a walk-to-water location with plenty of room for the extended family.
• Generous 30.17m frontage providing excellent design and access options
• Solid highset brick home – featuring 3 bedrooms, a study, 1 bathroom, and a large entertaining deck upstairs
• Downstairs includes two multi-purpose rooms, huge rumpus with a bar, storage, a second bathroom, and a separate laundry
• Sparkling inground pool and a 40-foot Tri-Steel shed, ideal for storage, workshop, or home business use
• Prime location in a quiet, family-friendly street just a short walk to the water
This home is ideal for families or an exceptional opportunity to buy-and-hold, develop-now or both with the flexibility to occupy or generate income while you plan your next move.
Properties offering this level of opportunity with approved subdivision and a separate home/investment property in a quiet family friendly location are rarely available – act quickly to secure it.
Additional Property Information:
- Vacant
- Built 1972
- Rental Appraisal $820 pw
- Rates approx. $1260pq incl water
