for sale - 30 LAWRENCE HARGRAVE DRIVE, AUSTINMER
$2,200,000 - $2,400,000
Open for inspection: By Appointment
Beachside Development & Subdivision Potential
High raised with ocean views from the front and escarpment backdrop from the back, this character brick cottage is set on a large 1967m2 block with approximately 24m frontage.
Development opportunity on this property alone will raise the interest of many buyers in the Northern Illawarra, as there are a number of options to consider for a developer or a smart investor.
This rare development opportunity is located opposite the best stretch of the Northern Illawarra coastline, with only Shark Park separating it from the blue sea and golden sands.
This truly is a dream location, great for the kids to learn to surf and families to play sports and socialize. Just a stroll to the bus stop, kids’ playpark, tennis courts and the prestigious Headlands Hotel with it’s fine restaurants and bars.
There is additional easy parking at a layby for visitors, as all your friends and family will surely want to come and visit you in your new abode.
Commuting is easy either by train or road, with a service station and convenience store just down the road to cater for your immediate needs.
Your kids can walk to Austinmer Public School (literally opposite the main beach) and there is a school bus service to Bulli High School just on your doorstep.
Options to consider:
1. Keep the home and renovate, with future potential for a second dwelling
2. Subdivide the land, knock the house down and build 2 -3 new luxury homes
3. Buy as investment, rent the home out until you are ready to capitalize or build
4. Potential for multi dwelling development (STCA)
Site Survey and house plans available for inspection.
Whatever your requirements, with not much work, the home can be leased to provide rental income.
A must see for coastal buyers looking for potential to develop in this highly sought after location. Opportunities like this are rare in an area where land is at a premium!
Land Size: 1967m2 with wide street frontage
Zoning: R2 - Low Density Residential
EMAIL AGENT ABOUT 30 LAWRENCE HARGRAVE DRIVE, AUSTINMER