Situated on a commanding corner position enjoying a sunny aspect and panoramic ocean views, this site is strategically located withing walking distance of both Clovelly and Coogee Beaches.
Comprising 9 lots, this prime residential/commercial development site is DA approved and ready to go. A golden opportunity for the astute developer or investor.
Superb architect designed plans consist of 5 huge luxury apartments most with ocean views and courtyards, comprising 1 x 1 br (80sqm), 3 x 2 br (105-140sqm) and 1 x 3 br (230sqm) penthouse. The ground floor features 4 exciting retail premises (260sqm total) offering vast possibilities.
With lift access each unit has been designed to incorporate style and luxury with features such as, built-in robes, spacious living areas, stunning kitchens and bathrooms, internal laundries, large private balconies plus large dual level courtyards and an enormous rooftop terrace for the penthouse, there is also basement parking for 12.
An ideal proposition to buy and develop later with the existing building comprising 6 retail shops and 4 x 2 br flats with a potential return of over $260,000pa.