Unique and clearly outstanding real estate opportunity. Rarely do we see properties of this calibre on the open market.

The property features 760 square metres of land (zoned 2(b)) with an amazing 32 metres reserve frontage to Broken Bay, allowing for uninterrupted water views to Lion Island, Box Head and Barrenjoey headland.

As if this wasn’t enough, Development Approval has been granted in December 2009 for 3 x exceptionally designed luxury townhouses which take full advantage of the priceless views and are sure to set the standard for luxury accomodation in the locality once built.

The current house is being utilised as 2 x seperate, renovated & self contained 4-5 bedroom accomodation, offering the potential for excellent and immediate holding income and suitable for both permanent or holiday rental.

Currentlyrental income $980 per week.

Contact John Ienna 0421 202 383 to discuss this outstanding opportunity further.

Motivated vendors, all offers considered.