$3,500,000

11 Bed • 7 Bath • 6 Car • 929m²

Main view of Homely block of units listing, 112 Toowoon Bay Road, Toowoon Bay NSW 2261

Floorplan of Homely block of units listing, 112 Toowoon Bay Road, Toowoon Bay NSW 2261

Second view of Homely block of units listing, 112 Toowoon Bay Road, Toowoon Bay NSW 2261

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Sold

Third view of Homely block of units listing, 112 Toowoon Bay Road, Toowoon Bay NSW 2261

Fourth view of Homely block of units listing, 112 Toowoon Bay Road, Toowoon Bay NSW 2261

+31

Sold

112 Toowoon Bay Road, Toowoon Bay NSW 2261

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$3,500,000

11Bed
7Bath
6 Car
929m²

Block of Units Sold on Mon 19 Jun, 2023

What's around Toowoon Bay Road

Block of Units description

““Ocean Palms” – Whole Apartment Block on 1 Title – 150m to Toowoon Bay Beach”

• Ultimate opportunity for the quintessential “Block of Flats by the Beach” with a multitude of options for the savvy buyer as a fully occupied multiple income investment, take 1 or 2 apartments for yourself for weekends and enjoy a passive income or extended/multiple family compound in the coveted lifestyle location & most sought after Central Coast suburb Toowoon Bay.

• Fully leased with 6 tenancies on permanent basis all with their own designated off-street parking, and showing returns of approx. $147,000 gross. An opportunity to retain an apartment for your own family holiday retreat, only stone’s throw from stunning family safe & picturesque Toowoon Bay Beach.

• Located on a prime 929sqm site zoned R1 Residential for future redevelopment, or potential for individual strata title subdivision (STCA) of existing brick apartments with draft strata plan included.

(E&OE) Please note that all information, herein is gathered from sources we, McLachlan Partners believe to be reliable. Computer images, photos, plans, drawings, maps etc are indicative only. McLachlan Partners cannot guarantee its accuracy and any interested person/s should rely on their own enquiries.