Positioned in one of East Corrimal's most tightly held coastal pockets, 93 Murray Road presents an exceptional opportunity for investors, developers and land bankers alike. Set on a prominent corner block with sought-after R3 Medium Density Residential zoning, this versatile property currently comprises two spacious 2-bedroom flats, offering immediate dual-income potential with exciting future upside.
Perfectly positioned moments from beaches, schools, shops and transport, the property offers endless possibilities to renovate, redevelop or further capitalise on the site's development potential (STCA). Whether you are looking to secure a blue-chip investment, create a boutique project or hold a prime parcel in a high-growth beachside suburb, this is an opportunity not to be missed.
Property Features:
R3 Medium Density Residential zoning
Corner block with excellent accessibility and frontage
Two existing 2-bedroom flats providing dual income
Approx. 641m² parcel
Exceptional redevelopment potential (STCA)
Highly desirable East Corrimal location
Minutes to beaches, schools, cafes, Corrimal shopping precinct and transport links
Rare opportunity in a tightly held coastal market
Opportunities of this calibre in East Corrimal are becoming increasingly scarce. Secure your foothold in one of the Illawarra's most desirable growth corridors.
The Important Numbers:
Council Rates - $775.56pq
Water Rates - $201.90pq
Land Size- 639sqm
Rental Estimate- $800 per week
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*This advertising has been prepared by MMJ Real Estate (MMJ) for the purpose of advertising and general information only. MMJ do not guarantee, represent or warrant that the information contained in this advertising is correct. Any interested party should undertake their own inquiries as to the accuracy of the information published.
