306-308 Ocean View Road, Ettalong Beach NSW 2257

Be quick to secure this exciting development site or investment opportunity on two separate titles in the heart of Ettalong Beach. Located on the waterfront reserve with views over Ettalong Beach to Wagstaffe and only 50 metres from the ferry wharf connecting to Sydney.
Consisting of two titles; the front block is 268sqm and has an older style 2-bedroom home. The waterfront block is 822 sqm and currently consists of 4 separate units. All properties are currently leased returning $68,0000 p/a. Previously DA approved plans for 3 luxury apartments plus a 4 bedroom house on separate title and awaiting updated DA approval.
Located close to the Ettalong Beach Tourist Resort, Cinema Complex and numerous cafes and restaurants. This is a perfect opportunity for investors, developers or for a new home site.
Waterfront Reserve
Two separate titles
3.5% return (approx.)
5 separate incomes
Total land size 1090sqm