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Overview
This exceptional property presents one of the most prized unit development sites available in Eden, located in a highly sought after and convenient location. Encompassing a massive land area of 3,294 square meters, this site offers stunning, sweeping panoramic views. These views extend over the proposed new Marina at Snug Cove, covering the port area, Twofold Bay, surrounding hinterland, as well as spectacular easterly ocean vistas.
The site boasts potential development for approximately 13 townhouse-style units subject to council approval (STCA), making it perfect for developers or investors looking for a significant project in this prized coastal area.
Currently situated on the property is a spacious five-bedroom house, designed to compliment the expansive surrounds. The residence features a quality open plan living area that encourages natural flow and versatility. The master bedroom benefits from an en-suite and built-in robes, offering privacy and convenience. Two additional bedrooms also enjoy built-in robes, providing ample storage and accommodation flexibility.
Additional highlights include extensive outdoor decks that maximise enjoyment of the commanding views and provide excellent outdoor living and entertaining space. An enormous garage and workshop area is located downstairs, offering substantial storage capacity, workspace, or potential for further development.
This opportunity is well-suited not only for residential purposes but also for potential unit development or subdivision subject to correct approvals. Positioned ideally halfway between the buzzing Snug Cove Marina precinct and Eden's vibrant shopping centre, it melds peaceful coastal living with practical access to amenities.
- Massive 3,294 sqm land parcel with spectacular panoramic views
- Potential for approximately 13 units (STCA)
- Spacious 5-bedroom residence with open plan living areas
- Master bedroom with en-suite and built-in robes
- Built-in robes to second and third bedrooms
- Extensive decks optimising outdoor living and views
- Large garage/workshop area offering versatile usage
- Prime location between Snug Cove Marina and shopping centre
- Ideal for unit development or subdivision (STCA)
Overall, this property represents a rare and exciting prospect, blending substantial land size, quality existing accommodation, and exceptional development potential in a captivating coastal location.
Local Market Insights
In Eden, Quiet Listings observed 2 new houses entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $604,000. The property type mix of listed properties is predominantly Houses at 50%, followed by units (25%), and land (25%). Eden Realty was the most active agency in this area, representing 50.0% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Eden NSW 2551
Market Insights for Eden NSW 2551
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