DA Approved and Ready to Go! Savvy investors, take note-this is the one you've been waiting for. Situated on a rare and generous 1,012sqm allotment with valuable dual street access, this exceptional Cooroy property offers an unbeatable combination of location, potential, and immediate return. At the front of the block sits a charming original character home with excellent tenants already in place, providing instant income security. With a current lease in effect, you can begin development at the rear of the property straight away-no downtime, no delays.
What sets this opportunity apart is the gold-standard DA approval for two additional dwellings purpose-built for High Physical Support needs. The approved plans include: A two-bedroom, two-bathroom villa and a three-bedroom, two-bathroom villa. With all three residences-existing and new-the projected returns are outstanding, presenting a rare chance to capitalise on the booming demand for specialist disability accommodation (SDA) or long-term rental investment. The rear access provides seamless entry for construction and future residents, and the location could not be more ideal.
Positioned right in the heart of Cooroy, next door to Eden Rehabilitation Centre, and just a short stroll to shops, cafes, schools, medical services, and public transport-this is walk-everywhere convenience at its best. Whether you're looking to landbank, build and hold, or immediately develop and boost your rental portfolio, this unique property delivers on every level.
Opportunities like this don't come around often-secure your future today.
Features:
- 1,012sqm of prime land with two-street access
- DA approved for two additional dwellings (High Physical Support villas)
- Existing character home with tenants and lease in place
- Proposed villas: 2-bed/2-bath and 3-bed/2-bath
- Potential for outstanding investment returns
- Ideal location next to Eden Rehabilitation Centre
- Walk to shops, schools, medical services & public transport
- Immediate construction potential while earning rental income
The information contained herein has been obtained through sources deemed reliable by Hinternoosa but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. All measurements are approximate. Check with the local council for usage regulations.