Positioned in one of the most sought-after pockets of Batemans Bay, this 626sqm flat R3-zoned site presents an exceptional opportunity for developers, investors, or those looking to secure a blue-chip holding for the future.Perfectly located within easy walking distance to key lifestyle attractions:• 230m to the foreshore• 400m to the marina• 800m to Batemans Bay shopping & café precinct• 890m to the renowned Catalina Club with its 27-hole championship golf course and waterfront diningExisting Dwelling-The property currently features a well-maintained residence offering:• Two bedrooms with built-in robes• Kitchen and light-filled living room• Main bathroom and laundry• Full-length veranda• Internal access to a studio flat complete with kitchenette, third bedroom and ensuite - ideal for extended family or additional income• 3.5m x 3.5m shed• Level 626sqm blockCurrently tenanted on a periodic lease at $590 per week, with a tenant who would love to stay - providing immediate rental return while future plans are considered.Zoning & Development Potential (STCA) -Zoned R3 - Medium Density Residential, allowing for a variety of potential developments (Subject to Council Approval), including:• Multi-dwelling housing (Townhouses / terraces)• Residential flat buildings (Apartments)• Semi-detached or attached dwellings• Dual occupancies• Boarding houses or hostels• Seniors housing• Secondary dwellings (Granny flats)Located approximately 2 hours to Canberra and 3.5 hours to Sydney, opportunities like this in such a central coastal position are becoming increasingly rare. Secure now, develop when ready, or landbank for the future.Council Rates: $3,074/yrCall to arrange an inspection (Minimum 48 hours' notice required due to tenancy).
