Perfectly positioned between the golden sands of Kendall's and Easts Beach, this rare 841sqm (approx.) parcel presents an extraordinary chance to secure one of Kiama's most tightly held development opportunities. Set on a generous, near-level block with an impressive 19-metre (approx.) frontage, the site currently accommodates four solidly built two-bedroom brick units, each with partially updated interiors and a proven rental track record - currently generating a combined return of $85,020 per annum. High occupancy and a blue-chip coastal address make this a high-performing holding with strong immediate returns and long-term upside. Zoned E1 (Local Centre), with a 1:1 floor space ratio and an 11-metre height limit, the possibilities here are vast. Think boutique commercial premises, shop-top housing, a medical centre, home business, motel or apartment development (STCA) - this is a blank canvas for the visionary developer or savvy investor. All this in one of Kiama's most desirable lifestyle pockets, just footsteps from shops, parklands, transport, and two of the South Coast's most iconic beaches. Opportunities of this scale and zoning in such a premium coastal location are exceptionally rare - Be quick! **Disclaimer: While we strive to provide accurate and comprehensive information in our marketing materials, we cannot guarantee the accuracy of the details supplied by our vendors. Therefore, Harcourts Kiama makes no representations, warranties, or legal assurances regarding the information's accuracy. We strongly advise potential buyers to undertake their own due diligence for any property under consideration. All photos, maps, and images are for illustrative purposes only and intended for marketing use.
ส่งอีเมลสอบถามได้ที่ Harcourts - Kiama
รหัสอสังหาริมทรัพย์: 148702976
รหัสอสังหาริมทรัพย์เดิม: 148702976