This 15.5 Acre (6.28H) potential development site is enviably located in an elevated and private location with dual entry/exit on Walmsley Rd and also Scenic Drive Bilambil Heights.
The main farmhouse is imbued with a sense of character and boasts bullnose verandahs on 3 sides. The open-plan living/dining area looks out over the inground pool and water views to the valley beyond. The large bathroom includes a spa bath and is enhanced by glass window blocks. Both bedrooms are a good size and the separate laundry is accessed from the verandah.
Adjacent to the main homestead are separate self-contained living quarters consisting of open plan living/dining/kitchen, large bedroom, separate bathroom and laundry.
A large (10m x 12m) vehicle shed completes this practical package. There are 2 dams on the property and town water is connected.
Just 8 minutes to world class beaches, shopping and Coolangatta Airport, this is prime real estate with development potential. Approximately 1/3 of this land is zoned 2c (Residential Urban Expansion). Estimated rental return would presently be $650/week.