65 Ocean Beach Road, Woy Woy NSW 2256

DA Approved site for 12 Co-Living Apartments inclusive of Manager's Office, and parking for 5 vehicles (at-grade parking - no basement)

DA/992//2023 approved with Central Coast Council

Determination Date - 31/07|2023

R2 land zoning

8.5m building height

15.7m frontage

912sqm land area

Rental Potential (12 apartments x $430 per week) =

$268,320 per annum

GRV (6%) = $4,472,000

Currently a 3 bed, 1 bathroom, single garage home leased at $625 per week ($32,500 per annum)

1 min (35m) walk to Bus Stop

2 min (100m) walk to Woy Woy Hospital

12 min (850m) walk to Woy Woy Shops and Restaurants/ Cafes

17 min (1.2km walk to Peninsula Leisure Centre

18min (1.3km) walk to Woy Woy Train Station

4 min (3.5km) drive to Umina Beach

5 min (3.5km) drive to Ettalong Beach

Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.