Opportunity is knocking with this excellent investment opportunity located in Bent Street, just 1 door down from a beautiful Landmark Development that is already underway.
This spacious and functional home set on 695sqm of R3 zoned land would be an excellent choice as a permanent rental, appraised to earn $700 - $750PW, and a great way to hold onto this site until you are ready to develop.
The home enjoys multiple living spaces and four generous sized bedrooms with a spacious master. It also enjoys a beautiful existing view from the living, kitchen and large covered deck.
R3 zoning allows development up to 11.5m STCA, with other developments in Batemans Bay having recently been approved to go significantly higher. The ability to capture panoramic views whilst being able to walk into the CBD in less than 150m makes this an exciting opportunity for the astute investor.
This tidy home could also be a great fit for those who desire a spacious home with water views right in the heart of town, where you can walk to an abundance of local eateries in less than 5 minutes, but still be positioned in a low traffic cul-de-sac street.
The old saying rings true here: 'Don't wait to buy real estate, buy real estate and wait', and that will certainly be a strategy that will pay off with this property. Get in touch today to book your inspection and secure it before you are negotiating against a developer to buy!
