Welcome to 11 Douglas Street, Bicheno - a unique property brimming with potential, variety, and a coastal charm that's hard to find!
With a ready-to-go one-bedroom "shack" affectionately known as the Baby Penguin, this property is already an income-generating holiday rental, providing immediate returns through its successful Airbnb listing.
Adding even more value, the property comes with Council-approved plans to build two architecturally designed, 2-bedroom, 2-bathroom, 2-storey townhouses. These homes are designed to maximize the stunning north and east-facing views that stretch from Whalers Reserve and Cape Lodi to the Bicheno Blowhole, offering the perfect opportunity to capture breathtaking sunrises over the ocean.
Some of the development work is already underway, with sewer and stormwater connections established and connected to the Council mains. Plus, with a No Permit Required Development Application, this property lets you skip the typical red tape. Simply submit Building and Plumbing Approvals to proceed with construction, with no time limitations.
Property Highlights:
• Current Land Size: 834m², approved for a two-lot strata subdivision
• Existing Shack: The "Baby Penguin" Airbnb offers immediate rental income
• Future Development Potential: Build two townhouses, each with double garages
• Flexible Living or Investment Options: Sell one, keep one; rent both; or create a family getaway
• Unbeatable Location: Walkable to Bicheno's town centre, Rice Pebble Beach, and the iconic Blowhole
The hard work has already been done - bring your vision to life with this property that allows you to live, invest, or expand as you wish. Whether it's a coastal retreat, a multi-generational family investment, or a high-yield rental opportunity, 11 Douglas Street is your gateway to a flexible, income-generating future.
Don't miss out on this extraordinary chance to build or reside as is in Bicheno, an investment in your future!
Roberts Real Estate have made all reasonable efforts to obtain information regarding this property from industry and government sources that are deemed to be both reliable and factual; however, we cannot guarantee their complete accuracy in every instance. Prospective purchasers are advised to carry out their own investigations to ensure the property satisfies their suitability/usage requirements. All measurements are approximate. Photos are indicative of the property only.
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