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Set on five lush acres in a prestigious pocket, this is a property that offers an exceptional opportunity for buyers or developers. It’s comprised of an existing Aquatic Centre that’s on a long-term lease, providing a solid income stream; it also includes a four bedroom, double brick home plus a DA approval to subdivide the property. The potential is enormous: the zoning offers ability to create a home business in the existing residence, while the proposed subdivision allows the new owners to sell the block or build a brand-new residential dwelling (STCA). The setting couldn’t be better – it’s within moments of Erina Fair Shopping Centre, public and private schools and a five-minute drive to the beach.
• Remarkable opportunity with flexible options plus income stream
• Solid four bedroom home with updated interiors; double brick build and commercial shed
• Modern kitchen with granite benchtops + quality European appliances
• Upgraded bathrooms, wood fireplace, reverse-cycle A/C, double garage
• Fully renovate interiors and add instant value to the existing home
• Sell subdivided lot or further develop with new home build (STCA)
• Aquatic Centre with 25m heated pool, spa, café, gym and retail
With sky-high prices for homes that don’t begin to suit your basic wish list, here’s an opportunity to secure a prime parcel to build out the kind of lifestyle that does (STCA). It’s a rarity for the area as it’s a 10145m2 block that’s just a seven minute drive to both the beach and Erina Fair shops; delivering gorgeous sunsets, the expansive lot is partially cleared and ready to go. Adding further appeal, it’s zoned for Environmental Living, meaning that a number of businesses are allowed to operate under 7(c2) regulations, in addition to a residential dwelling.
Large acreage parcel with easy street access for the build
Great opportunity to create a home without compromises
Quiet residential road, mostly acreage and quality homes
Zoned for 7(c2)
perfect for those looking to start a business
Development plans must be approved council prior to build
Superb location – close proximity schools, shops & Terrigal beach