3brs House on large Land 559sqm and comes with permit approved for 2 townhouses PLUS comes with building drawings!

Ocean Living by the Sea

Nestled between blue chip properties in what is the most arguably best location in the world is this wonderful opportunity to purchase a development site which comes complete with DA and building drawings.

Endless scope for the savvy investor to build both, live in one whilst generating income from the other or build both to sell for a tidy profit.

Overlooking the park area and broad water aspects, situated on a wide street and within walking distance to Main Beach caf culture, there are not many opportunities that present itself in this tightly held suburb.

There is currently a 3 bedroom home in need of some minor renovation but there could be an option to rent or live in the property until you are ready to start your own building process.

Premium real estate at its best all the hard work of obtaining a permit has been done and is ready for you to start building as all structural, services, acoustic and working drawings are completed.

Note: This property is ready for a building approval.

Each townhouse plan incorporates the following:

- 5 levels of luxury living / cutting edge design from well reknown architect
- Approximately 58 square each
- Full secure basement parking
- Rooftop entertaining area with pool
- 4 bedrooms plus study
- Spacious formal and informal living areas
- Gymnasium, media/theatre room
- 5 bathrooms
- Lift access to all levels