20 Christiansen Avenue, Old Erowal Bay NSW 2540

Set on a massive 1,762m² corner block - the largest parcel in Old Erowal Bay - The Bungalow is a rare opportunity for developers, investors, or those chasing a peaceful lifestyle retreat with serious upside.

Currently operating as a successful AirBnB, this charming home features 3 bedrooms, 2 bathrooms, 2 laundrys, a brick fireplace, air conditioning, and a double garage. The rear deck overlooks open space, fruit trees and native gardens, surrounded by abundant birdlife and visiting wildlife - a tranquil setting that's hard to beat.

But it's the future potential that makes this property truly exciting. With dual street frontages, generous land size, and R2 zoning, the block offers scope for subdivision, dual occupancy, or redevelopment (STCA). Whether you continue the holiday rental success or unlock the full potential of the land, this is a strategic move in a tightly held coastal community.

Located just approx. 6-7 minutes from the waters of Vincentia and approx. 5 minutes from the Vincentia Marketplace - featuring Woolworths, Aldi, HomeCo and a variety of specialty shops - lifestyle convenience is right at your fingertips.

Property highlights:

• 1,762m² corner block - largest in Old Erowal Bay
• 3 bedrooms, 2 bathrooms, 2 laundrys, plus double garage
• Brick fireplace and split-system air conditioning
• Covered rear deck and thriving fruit trees
• Surrounded by nature and local wildlife
• Proven short-stay rental income via AirBnB
• Outstanding development potential (STCA)

A rare mix of lifestyle, income, and future possibilities - The Bungalow is your chance to secure a unique foothold in the bay.