Just over one hour's drive north of Sydney CBD, a short walk to Swansea's shopping centre, and minutes from the shores of Lake Macquarie and Caves Beach, this level development opportunity is DA approved and ready to deliver much-needed dwelling solutions in this highly sought-after corner of the world.
The site has been approved for the construction of ten quality three-bedroom dwellings, appealing to young families and downsizers seeking lifestyle housing, as well as investors looking for consistent returns and growth in blue-chip locations.
The site comprises approximately 2,135.2 square metres of level land, with two existing dwellings currently leased and returning approximately $980.00 per week in rental income.
The proposed three-bedroom townhouses offer a range of designs to suit different buyers and markets, providing a diverse opportunity to deliver high-quality housing close to major amenities and recreational facilities.
Our photographs reflect the location, environment and lifestyle of this exciting property. We have also prepared an INFORMATION MEMORANDUM, available free upon request, providing further information and access to plans, approvals and additional details about the opportunity.
Please contact Wayne Stewart if you would like to discuss the opportunity further or receive a copy of the INFORMATION MEMORANDUM
Zoning: R3 Low Density Residential
Land Area: 2135sqm approx
Council: Lake Macquarie
Land Rates: $5102pa approx
Water Rates: $838pa approx
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.