Developers, Renovators & Investors – DA-Approved Subdivision

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173 The Park Drive, Sanctuary Point NSW 2540

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$700k - $750k Medium Confidence Calculated based on our search observations.

House 2 Beds 1 Bath 1 Car 1115 m²

Listed: 25th Jul 2026

Updated: 3 days ago

Overview

This property is uniquely positioned on a substantial double block in the heart of Sanctuary Point, presenting a rare development opportunity with a current Development Approval (DA) to subdivide into two lots. The approval offers a significant advantage for developers or investors aiming to capitalize on growth potential, while still allowing for renovation or owner-occupier use of the existing residence.

The home itself has been thoughtfully updated, featuring a renovated kitchen, bathroom, and laundry with premium fixtures like Caroma fittings and brushed brass tapware. The bathroom showcases floor-to-ceiling tiles and dual shower mixers that provide enhanced convenience. New plumbing rough-ins, rewired electrical systems with isolation boards, and upgrades to light switches and power points further underline the quality of recent improvements.

Beyond the existing comforts, the sale includes architect-designed concept plans for two two-storey duplexes (four homes total), offering a strong starting point for prospective developers, subject to approvals. The property's location is particularly appealing, providing easy access to local amenities including schools, shopping, a golf course, and the natural waterways. The nearby coastal towns of Vincentia and Huskisson, renowned for their beaches, dining, and recreational activities, lie within a short driving distance, enhancing lifestyle appeal.

Overall, this offering combines expansive land size with flexible redevelopment options, existing quality improvements, and a location that balances convenience with access to coastal attractions. It is a compelling proposition for a range of buyers, including renovators seeking a substantial home site, investors aiming to develop, or owner-occupiers desiring a residence with future potential.

DA approved subdivision into two lots with opportunity to complete and register the second lot
Large double block outside bushfire and flood zones
Renovated two-bedroom home with high-quality finishes
New electric hot water system installed recently
Concept plans for duplex development included
Minutes from schools, shops, golf, waterways, and coastal destinations

Local Market Insights

In Sanctuary Point, Quiet Listings observed 69 new houses entering the market over the last 30 days, down from 86 during the previous 30-day period, with an average advertised asking price of $1,161,129. The property type mix of listed properties is predominantly Houses at 80%, followed by land (4%), and duplexes (4%). The most active agency for houses in the Sanctuary Point area is currently Ray White, representing 28% of new listings, followed by LJ Hooker with 16%. 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.