Just steps from the vibrant heart of Bellingen, this outstanding property presents an unparalleled combination of land value, existing accommodation income, and exciting development potential. Whether you're seeking a lucrative investment, looking to earn passive income, or ready to create a landmark development, this property has it all.
Land & Income - What Will You Create?
- Unbeatable Land Value: This expansive 1412sqm block is ideal for developers seeking to maximise land value through subdivision or a unique build. Alternatively, buyers focused solely on land can develop according to their vision while benefiting from this prime location.
- Existing Income Stream: The property already offers a reliable income from its existing accommodation. Generate between $800-$1000 per week while planning next steps or enjoy the flexibility of living on-site.
- Development-Ready: All the groundwork has been done with design plans and DA approvals in place for a spacious main house with 5 potential bedrooms and a separate 1-bed studio. The existing accommodation income helps fund your project while you finalise development plans.
- Prime Location: Just 75 meters from Bellingen's bustling centre, with easy access to cafes, shops, and community hubs. Plus, enjoy the nearby Bellinger River and swimming hole, only 100 meters away.
- Development Potential: The approved secondary studio design presents a rare opportunity with separate title potential (approximately 300sqm), perfect for further development or investment (STCA).
- Privacy & Scenic Outlook: No visible neighbours, providing a peaceful and private lifestyle with breathtaking views to the mountains and surrounding countryside.
- Ideal Orientation: Enjoy north-facing living areas and a back deck perfect for relaxation and entertaining, while the east side captures stunning sunrises each morning.
- Flexibility & Expansion: The property includes a spacious open-plan kitchen, flexible living spaces, and a downstairs area ripe for renovation – ideal for a games room, storage, or additional living areas.
- Community-Focused Location: Embrace the welcoming community and friendly neighbours, with easy access to on-street parking and fencing.
Don't miss out on this rare opportunity to capitalise on land value, existing rental income, and a development project with incredible potential in one of Bellingen's most desirable locations.
