374-376 Ocean View Road, Ettalong Beach NSW 2257

Explore the potential of this property. Being on two Torrens title lots street facing this suits many developments.
Currently featuring a solid building with five bedrooms, three bathrooms, a huge open space area with multiple purposes, high 10 foot ceilings with three separate entrances plus access down the side to the rear with room for further cash flow via granny flat options. A multi title site like this is as rare as hens teeth.
Located in the heart of town and only metres to the shops, beach, water's edge and viewing platform, there for no car is required. Also very close proximity to cinema Paradiso complex, Box restaurant and Club Ettalong.
A once in a lifetime opportunity you could even go up and capitalise on the potential ocean views across to Broken Bay, Lion Island and Palm Beach.
Smart investors take note the rental return could cover your repayments. Also, look at whats permitted with consent on this property zoned R1:
Home occupation, Bed and breakfast accommodation, Boarding house, Childcare centre, Dual occupancy, Group homes, Hostel, Hotel accommodation, Motel accommodation, Multi-unit dwellings, Neighbourhood shops, Place of worship, Residential flat buildings, Respite day-care centre, Semi-detached dwellings, Seniors housing or even shops on the bottom housing on the top.
Truly a unique opportunity in the most desirable location.