Seize this rare chance to acquire a fully DA-approved, 5-story development project in the highly sought-after Ettalong Beach, just over an hour from Sydney. This outstanding opportunity features 21 spacious high-quality apartments along with a versatile commercial space and ample parking for 44 vehicles.
Key Highlights:
• Fully DA-approved project with four consolidated titles-ready to start!- combined 1,951sqm land.
• Prime location on the absolute fringe of the E1 Local Centre zoning, surrounded by R1 medium-density land (2-story limit), offering unobstructed north, south, and east views, plus water vistas to the south.
• High-demand mix of modern, spacious 2- & 3-bedroom apartments designed for comfort, privacy & light
• Commercial ground-level shop (129m2) with two bathrooms and parking for 4 cars.
• Secure parking with ground and basement levels, accommodating residents and visitors.
Dwelling configurations:
• 3 x 2-bedroom, 2-bath, 1-car apartments (108-109m² internal)
• 3 x 2-bedroom + study, 2-bath, 2-car apartments (115-116m² internal)
• 12 x 3-bedroom, 2-bath, 2-car apartments (125-143m² internal)
• 3 x 3-bedroom 2-bath, 3-car Penthouse-style apartments (172-176m² internal) + individual roof terraces!
Why Invest Here? This project fills a market niche by delivering spacious, modern apartments with lift access, stunning views, and privacy. Designed with simplicity in mind to provide an affordable strata alternative (eg. lack of pool/communal facilities/overheads), and attractive design make these apartments an exceptional option for buyers currently lacking in the market place. Located close to shops, cafés, Palm Beach Ferry, beaches, and essential amenities, this development offers a highly desirable lifestyle option.
Currently occupied by a variety of tenants with approximate gross income $177,880 per annum.
Don't miss out on this rare development project in an unbeatable coastal location-perfect for future residents and investors alike.
HOT PROPERTY
Still embodying a relaxed lifestyle and friendly spirit, The Peninsula is fast becoming a highly sought after, outer seaside suburb of Sydney. Woy Woy Railway Station provides accessibility and is the lifeblood for the locality, affording Sydney commuters an efficient and reliable travel time of just over one hour. Equally convenient to Sydney's Northern Beaches being only 25 picturesque minutes by water, with Ferry terminal a brief 2 minute walk away. The area offers outstanding medical facilities, quality education close by and a myriad of retail options and delights. Everything you need will be minutes away.
A LIFESTYLE TO BEHOLD
Sheltered from the elements of pristine Broken Bay, you can surf, swim or paddle most days of the year or launch your boat or jet ski at one of the many convenient boat ramps close by. On your doorstep and less than 100 metres away is The Esplanade at Ettalong Beach with adjoining foreshore park, beach and cycleway linking Umina Beach, Woy Woy and beyond to Gosford CBD via the stunning Brisbane Water foreshore. Wind back the years and get from place to place without a rush hour.... this is the way life used to be.
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