Prime Development Opportunity With Dual Street Frontages!
2 1Nestled on the Northern Wollongong fringe, this large allotment boasts dual street frontages and is bursting with potential! Previously approved for development of a Torrens Titled Duplex, now is your chance to snap up this prime parcel of land that rests just 800m (approx) from the beach!
Enjoying a seaside location, the property is only a short walk to popular beaches including Puckey's, Towradgi and Fairy Meadow Beaches, home to a vast stretch of pristine sand, rock pools, reserves and cycleways. Thomas Dalton Park is a regional sports centre with expansive playing fields located around the corner. Or join in the local park run which takes off from behind the Fairy Meadow Surf Life Saving Club, also a quick stroll (or jog!) from your new home.
Major Wollongong amenities are within easy reach including The University of Wollongong, TAFE NSW, Wollongong Hospital, WIN Stadium, Wollongong Golf Club and the iconic harbour with its magnificent lighthouse. For shopping, dining and entertainment, head into Crown Street Mall to discover a wide range of retail outlets and a choice of casual and fine dining restaurants. Closer to home, the Fairy Meadow town centre is within walking distance and offers a variety of supermarkets and services.
For those who may be required to commute to work, the Fairy Meadow Train Station is located at the northern end of the street with Sydney connections. Local bus links are also available, and the highway is readily accessible.
Occupying a large and level 677.2m2 (approx) block, the property relishes in 2 street frontages with access to both Montague and Bourke Street. Currently onsite is a low-set cottage in original condition showcasing 2 bedrooms and 1 bathroom.
The flexibility and accessibility of this block provides prospective buyers with a plethora of options. Consider a complete knockdown and rebuild your dream coastal abode, capitalising on the sunny north-facing aspect and beachside location. Astute investors can also add this one to the property portfolio, banking it now for a future return on their investment.
Previously in place was an approved Development Application to build a contemporary-style duplex incorporating 2 x 3 bedroom dwellings. Explore the option to resubmit these plans for council approval, or call on your own vision to turn this allotment into a lucrative development (Plans Available on request). This is a blank canvas waiting for savvy buyers to make their mark and transform this home into a truly special beachside property!
Whether you choose to rebuild, invest or develop, inhabitants of this address can expect a convenient coastal lifestyle where a car is rarely required. Stunning beaches are footsteps from your door, while major facilities and hubs are minutes away. A rare offering to develop or invest in a tightly held market, you'll need to act quickly to secure this unique offering. Call now to arrange an inspection today.