Rates $2,800 pa | Land 828 sqm
Rental Appraisal $520 - $540 per week
This is a fantastic opportunity for savvy investors and developers to secure a prime piece of coastal land with tremendous potential. Located just minutes walk from the pristine, patrolled Flynns Beach, this property offers the rare chance to acquire an 828sqm block, including an original 2-bedroom beach cottage.
Set in a quiet street, the property is being sold as one parcel, with approval in place for subdivision into two lots, or an approved DA for 4 lot Torrens Title townhouses providing a range of development options. The land spans 828 sqm with a generous 56m wide frontage, offering excellent positioning for capturing northern sunlight, refreshing sea breezes, and breathtaking ocean glimpses.
The existing cottage, situated on the upper side of the block, provides an opportunity to live in or lease out while planning future development. Alternatively, you can take advantage of the approved subdivision or DA and move forward with your plans for development.
The surrounding area showcases a dynamic blend of newly built homes and established unit blocks, highlighting the area's growth and appeal. This makes it a highly attractive opportunity for builders and developers looking to capitalize on the area's ongoing development.
This rare offering won?t last long!
+ Short walk to patrolled Flynns Beach
+ 828sqm land holding with approx. 56m wide frontage
+ Existing cottage ideal for living or leasing out
+ Ocean glimpses and sea breezes
+ Approved subdivision into two lots
+ DA approved for four Torrens Title townhouses
+ Close to CBD, shops, cafes, and schools
Disclaimer: All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.