Prime development opportunity with Council Approved DA for four Townhouses!
$860,000
12 Wybalena Crescent, Toormina
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Offering easy walking access to Toormina Shopping Centre, Boambee Bay Reserve and only 3 minutes driving distance to Sawtell Village and beaches, this property offers fantastic convenience and rare opportunity for redevelopment.
The property is Zoned 'R3' which allows for up to 1 x dwelling per 200 m2 under current zoning guidelines.
Council Approved Development Details:
The current DA approval has construction certificate drawings finalized to build four: 3-bedroom, two bathroom and one car garage Townhouses, with the master bedroom and ensuite on the ground floor.
Each townhouse has 100 m2 of nett internal area.
A copy of DA & Approved plans and Construction Certificate plans are available upon request.
Current Existing Dwelling.
The property has an existing brick veneer home approximately 140 m2 in size and comprised of 3 generously sized bedrooms, 2 bathrooms and single door, double car garage with workshop space.
The rear yard receives full Northern aspect allowing plenty of natural light into the home and features a large covered outdoor entertainment area spanning the rear of the building.
The existing home would confidently achieve a weekly rental return of $600 - $620 per week and there is exceptionally strong demand for rental properties in this convenient pocket of Toormina.
As R3 zoned property becomes increasingly scarce, take advantage of this prime opportunity today by calling Barry France on 0407 301 404.