This exceptional piece of real estate offers one lucky purchaser many options to develop or build their dream home. This pristine, lifestyle location is only a short stroll to Tomaga River, boat ramp, Mossy Point Café and some of South Coasts best beaches.
Offering an investment opportunity with five, two-bedroom flats bringing in an income of approximately $50,000pa with the potential to increase. The property is zoned R2 Residential Suitable for residential/townhouses/duplex/commercial spaces (STCA).
Potential Tomaga river views from three story dwelling with 8.5 metre height zoning and a current DA approval for 2 lot subdivision 1115m parcel and 691m parcel. Available for purchase individually or in one line.
Other features:
- Purchase now and develop later
- Bathroom and Carport to each flat
- 10 Minutes to Moruya Airport
- Local schools close by
- Access to public transport
- 1840m2 total land size
Prime real estate with an approx. combined 50-meter frontage onto highly sought after Annetts Parade. Opportunities like these are very rare so do not delay your inspection!
