This beachside home offers a huge range of potential options to the astute purchaser. The home has potential to be renovated for the owner occupier to have a nice beach house on a large block with future development potential or the development could be explored immediately with the location and current zoning offering a very realistic and viable development opportunity.
This home spans two 405m2 blocks giving a total of 810m2 development potential land.Alternatively the house could be demolished to create two individual blocks.The current zoning (STCA) allows for one bedroom per 50m2 with a three story height limit giving scope for a multiple dwelling development or alternatively substantial beachside houses.
The property is situated in a cul-de-sac street with park and beach access at the end of the street and also access to the beach via Kropp Lane which is adjacent to the property.The property is in a great beachside location within easy walk to the beach, cafes and shops that the Tugun village has to offer.
There has been a recent development nearby which has proven the demand for a Coastal style beachside villa development.Feasibility enquiries and discussions are welcome.
