This property is located within one of the most practical locations of east Thirroul. Level access to Thirroul's shopping precinct, train station and beach. Two villas built by AV Jennings about 33 years ago, have been built on one Torrens title block of land. Given the proximity to the beach, there is the temptation to knock down and construct a magnificent home or duplex with potential ocean views. Currently both villas are separately metered and operate independent of each other. The villas have similar floor plans and outdoor grassed areas. They have single garages with extra workshop/storage area. The vibrancy of this fabulous location is what makes it so special and valuable and given the lack of smaller villa style homes, it is sure to be a highly prized offering.
- An incredible opportunity for an investor to purchase two houses on one block in east Thirroul
- Villas have 2 bedrooms plus an extra room for a study/formal dining/guest room
- Artist impression of modern redevelopment giving potential use
- Potential rent return is $650 per week each villa
- Zoned R3 medium density, there is potential to build to 13m high utilizing 75% of the block (STCA)
- Once subdivided, keep one and sell the other for profit or maintain as an income stream
- No flood affectation over the land and it enjoys morning and afternoon sun, east facing
