ONSITE AUCTION, SATURDAY 23RD AUGUST AT 11:30AM.
When an exciting opportunity along the coast presents itself like this, run don't walk. Having been in the same family for 50-odd years, this property is as rare as it is special.
Secluded in its position in the coveted "no through" section of Elsie Street, encompassed by a wonderful community of neighbours and the picturesque Star Swamp walking trail entrance only a short stroll away. Meander west and meet the stunning shores of Watermans Bay, bay, your own swimming beach at the end of the street. You truly get the best of both worlds.
An original 3 x 1 "beach shack" with mid-century vibes, that has the potential for reinventing to its glory days with a supersized front and rear yard for the whole family to enjoy OR an astute buyer with a vision to make the most of the 1070sqm development potential (STCA).
To live in Watermans Bay is to enjoy a lifestyle that you'll find difficult to replicate anywhere else, which is why homes like this don't present themselves often - walk to café's, restaurants or picnic by the beach, chat with friends at your local shopping precinct, walk along the coastal exercise paths whilst enjoying the fresh, calming ocean air and watch the magical sunsets over the ocean.
What is to love about 57 Elsie Street, Watermans Bay:
• A supersized 1070sqm land holding, with a 20m frontage, R20 zoning.
• Liveable 3 x 1 original home, offering a great rental return potential.
• Prime coastal location, within a highly sought-after community.
• Catchment for Marmion Primary School, Carine Senior High School and nearby to wonderful private schools pending intake conditions.
• Walking distance to "the bay" of Watermans Bay, playground and BBQ facilities.
• A short drive to Marmion Village with the recently upgraded Marmion IGA, a vet, pharmacy, physio, bakery, post office and so much more…
• Flora Terrace and it's café strip and boutique shops nearby.
• Easily accessible to public transport, Marmion Avenue and other artery roads.
• A shared bore with your neighbour, allowing for all year-round green lawns and gardens.
• A stroll to both Ocean Dragon restaurant and the trendy Little Bay cafe, both located at the beach end of Elsie Street.
You will love where you live at 57 Elsie Street, Watermans Bay.
Auction Particulars:
• Saturday 23rd August 2025, 11:30am.
• Deposit of $50,000 to be paid on the day by the successful bidder.
• 60 day settlement from contract date.
• Selling "As Is".
Disclaimer: This information is provided for general information and marketing purposes only and is based on information provided by the seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries ahead of making an offer.
