A rare opportunity to secure this prime seaside property being offered for the astute buyer..
With recent announcements of government funding towards town sewer and foreshore improvements for Stuarts Point, potential future coastal development is likely to be imminent.
Located opposite the picturesque river foreshore on Marine Parade and adjacent the Commercial Neighbourhood Precinct, this parcel boasts multiple access enhancing its myriad of possible uses.
As a local market specialist and resident of this slice of paradise, I am privileged to market this unique opportunity with a view of attracting investors, builders or developers. They may be looking for a holiday retreat with ready made income or opt to increase the current yield by renting the front unit as well. Ultimately, the new owner may acknowledge this acquisition as a long term investment with a view of potential future redevelopment.
Features include:-
- Neatly presented older style dwelling comprising a total of 3 fully self contained units
- The front section offers a spacious 2 bedroom unit
- The rear section is divided into 2 x 1 bedroom units
- Off street parking is available in a single garage or makeshift carports
- Other highlights include hardwood floors, grid fed solar system, separate laundry
- Easy short stroll to river, beach, shops, cafes, schools, hit of tennis, club or tavern
- Zoning RU5 Village, 8.5m height limit (see aerial photos for potential outlook at a height of approximately 8.5m)
* LAND SIZE: 898m2
Call Caterina on 0417 750 773 for more information, inspections are by appointment.
All information contained herein is gathered from sources we consider to be reliable. Whilst every care has been taken in obtaining the information no warranty is given as to the accuracy. Interested parties should rely on their own investigations and research.