Large level waterfront reserve lot with a beautifully presented original cottage and D.A. approval for a new home on a separate “Torrens title” lot. Period beach cottage tastefully renovated and updated to ensure modern convenience while remaining sympathetic to the original design by integrating some of the original features such as the lovely wide plank hard wood floors and the ‘board and batten’ feature in the bathroom. Other features include dine-in kitchen featuring updated appliances, air-conditioned lounge overlooking the water, generous bedrooms, modern bathroom and lovely covered timber entertaining deck with un-interrupted views through to the water. Externally the property features generous double carport and boat/storage shed situated nice and close to the water to ensure your paddleboards and kayaks are in easy reach. Currently a very popular Air BnB listing, “Lucy’s Cottage” has a rating of 4.97 out of 5 and history of strong occupancy. The potential subdivision has been carefully designed to ensure excellent privacy between the original cottage and the proposed new dwelling, and to maintain the existing dwellings outlook over the water. This property is truly briming with potential and a rare opportunity to secure a Port Stephens waterfront reserve property. Complete the subdivision, and sell the original cottage then build your dream home, keep it is an Air BnB with an eye to future development or simply secure a lovely secluded waterfront reserve property on one of the best waterways on the East coast of Australia. Highlights include: Two spacious bedrooms Open-plan living and dining area with split system air conditioning Modern kitchen with quality appliances Renovated bathroom and laundry Covered veranda showcasing stunning water views Elegant timber flooring throughout Large, level, fenced 866m² yard with approved subdivision plans to create two waterfront lots Triple carport for ample parking and Boat shed and additional storage space The central rooms of the cottage were built over 100 years ago. Positioned in a premium waterfront location, this property offers not only a comfortable seaside home but also a lucrative investment potential. Don’t miss your chance to secure this exceptional lifestyle opportunity! Why not try before you buy, book a weekend on Airbnb to truly appreciate this beautiful corner of Port Stephens. https://www.airbnb.com.au/rooms/53547715?check_in=2026-06-09&check_out=2026-06-14&guests=1&adults=1&s=67&unique_share_id=a0f266f2-3188-4302-aae1-1f4b608e5d76 Disclaimer: Whilst Portside Real Estate takes great care in obtaining information from sources, we believe to be reliable - in the preparation of this advertisement and information contained herein. Portside Real Estate cannot however warrant, represent or guarantee the accuracy, or completeness of the information and therefore, cannot accept liability resulting from reliance on this information. Portside Real Estate strongly recommends potential purchasers make their own independent inquiries and investigations before purchasing.
