69 Rippingales Road, Korora NSW 2450

Featuring an eclectic 3 bedroom cottage that would make an ideal artist's retreat, this 3.3Ha property has the potential to be subdivided into 3 lots under the current zoning. Lot 1 would retain the existing cottage and packing shed, while lot 2 would feature stunning ocean and valley views, with lot 3 offering seclusion and potential ocean views.

The opportunities are endless – live in the cottage and sell off the other 2 lots once approved and potentially recoup the purchase price, live in the cottage while you build your dream home on lot 2, then sell lot 1 and 3 and potentially recoup the purchase price, or holiday let the cottage while you landbank for future development.

A town planner's recommendations and development application costings are available, along with recommended resale pricing for Lot 1, 2 and 3. Substantial homes have already been built in the area to take advantage of this unique location that offers privacy, tranquillity and stunning views.

- Amazing return on investment (STCA)
- Eclectic 3 bedroom cottage that is packed with charming features
- Packing shed has tremendous artist's studio potential
- Rustic dine-in kitchen equipped with gourmet gas appliances
- Features hardwood floors and working fireplace
- Original stainedglass windows and doors
- Moments to Park Beach Plaza and Moonee Beach Marketplace