5 1 3
351 Princes Highway, Woonona, NSW 2517

Prime Woonona Location With Potential Plus

A unique opportunity to live or develop in downtown Woonona has presented itself to the market! Footsteps to all the amenities you need and on a generous 613m2 (approx.) allotment, the property is "Zoned B2" and is bursting with endless potential.

Location
Nestled in the heart of the thriving township of Woonona, everything you'll ever need lies at your front door. Within a few steps, you can access a wide range of amenities including shops, supermarkets, cafes and restaurants as well as professional and medical services.

Situated on the northern end of town, it is also close to the neighbouring township of Bulli which boasts a plethora of amenities and facilities including Bulli District Hospital, Bulli Train Station and the local showgrounds which are home to the popular Foragers Market held on Sundays.

Only moments to spectacular beaches, including world-renowned Bulli Beach and Woonona Beach, it is readily accessible to the highway and within easy reach of Wollongong and only a 90 minute drive to the Sydney CBD.
Property

Set back from the road, this industrial-conversion is a hidden gem, waiting for the next owners to unlock its full potential.

Originally a stunning timber hall with soaring high ceilings, the hall has been partically renovated with 5 spacious bedrooms. A modern bathroom services the well-appointed bedrooms and features a shower and a separate toilet, whilst the eat-in kitchen is fully equipped and practical leading to the expansive dining and lounge room. Showcasing striking timber flooring and ceiling fans, the light and airy living spaces spill out through glass sliders and onto the recently added covered deck. Enjoying a prized northerly aspect and boasting a beautiful view of the escarpment, the sunny deck is the perfect spot to enjoy a lazy Sunday brunch!

Although currently utilised as a residence, the property is "Zoned B2 Local Centre" and provides endless options to convert, develop or modify to suit your needs. Potential commercial enterprises which could operate on the site include child care centres, community and educational facilities, function centres, medical centres, shop top housing and more, subject to council approval.

Lifestyle
This is a once in a lifetime chance to not only secure a piece of Woonona's history, but offers the potential to explore the development opportunities into a profitable business hub. Situated in the centre of town, blocks of this size offering this much potential are rare and hard to come by making this a lucrative purchase to add to the property portfolio. Do not miss this phenomenal opportunity to own this versatile and convenient abode which comes with a sensational coastal lifestyle.

Proposed development plans available on request.

Council $828.26 pq* | Expected rental return $600/w Approx
All Figures are approximate*