Offered to the market is a rare, high-calibre coastal asset comprising seven (7) two-bedroom residential lots on a single title, positioned on an expansive 1869 sqm landholding just 650 metres from both McCauleys Beach and Sandon Point Beach.An exceptional opportunity with strata subdivision approval already granted by Wollongong Council. The hard work has been done, with all preliminary planning and approvals in place.The approved strata subdivision comprises four lots:- Three units at the rear, each on separate individual titles- Four units at the front, held on one titleOnly standard statutory fees remain payable to proceed with registration. The approval provides up to five years to complete the strata subdivision, offering flexibility for investors or developers.A rare chance to secure a property where the legwork is complete, approvals are in hand, and future potential is ready to be unlocked.This property represents a compelling opportunity for developers, investors, and land-bankers seeking a premium coastal site with strong existing income, significant rental upside, and long-term redevelopment potential (Subject to Council Approval).Site & Location HighlightsRare 1869 sqm parcel in a tightly held coastal precinctDual beach lifestyle location - walk to McCauleys Beach & Sandon Point BeachIdeal investment, land-bank or redevelopment opportunity (STCA)Excellent access to coastal walkways, cafes, village amenities and transportCurrent Rental Breakdown:Unit 1: Vacant - previously $480 p/wUnit 2: $500 p/w - lease expiredUnit 3: $300 p/w - increase issued to $450 p/w from Feb 2026; lease expires 23/03/2026Unit 4: $450 p/w - lease expiredVilla 5: $640 p/w - lease expiredVilla 6: $640 p/w - lease expiredVilla 7: $590 p/w - lease expired; potential immediate rent increase to $650 p/wInvestment Thesis- Premium coastal landholding of scale- Strong interim income while pursuing approvals or future redevelopment- Majority of leases expired - maximum control and flexibility- Rare opportunity in a supply-constrained beachside market- This is a blue-chip coastal asset offering multiple value-creation pathways in one of the region's most desirable lifestyle locations. Opportunities of this size and proximity to the beach are increasingly scarce.
