Please contact Lindy Kriticos from Magain Real Estate for all your property needs.
An exceptional opportunity to secure a substantial 809sqm (approx.) development site in the heart of the ever-popular coastal suburb of Christies Beach.
Boasting an impressive 32-metre (approx.) frontage, this is a genuine knockdown and redevelopment opportunity offering enormous potential for developers, builders and savvy investors looking to capitalise on the area's continued growth (Subject to Planning Consent).
The existing three-bedroom home, built in 1969, is currently leased to the same long-term tenant of approximately 30 years, returning $470 per week, providing an immediate rental income while plans and approvals are explored.
Positioned in a highly convenient location, you'll be just moments from the stunning Christies Beach shoreline, local shopping, public transport, quality schools, cafés, restaurants and the local hotel, making this a location that continues to attract strong buyer demand.
Property Features:
809sqm (approx.) allotment
32-metre (approx.) frontage
Prime knockdown redevelopment opportunity (STPC)
Existing three-bedroom home built in 1969
Long-term tenant of approximately 30 years
Returning $470 per week
Ideal investment while planning your development
Minutes to Christies Beach
Close to shops, schools, public transport and local amenities
Outstanding opportunity in a tightly held coastal location
Large development allotments with wide frontages in Christies Beach are becoming increasingly scarce. Whether you're looking to develop now or secure a premium landholding for the future, this outstanding property offers the size, location and potential to make your next project a success.
Disclaimer: All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate, and details intended to be relied upon should be independently verified (RLA 222182)
