Overview
This property offers a rare opportunity in the highly sought-after coastal suburb of Blue Bay. Positioned on a generous 727.2sqm block with approximately 16 meters of street frontage, the site boasts stunning ocean views that greatly enhance its appeal.
One of the last original cottages in the area, this home has a history of nearly 40 years of family ownership, highlighting its well-established place in the neighbourhood. The existing residence is modest with two bedrooms, one bathroom, and a single car space, reflecting a classic cottage style that awaits transformation or immediate occupancy.
The nearby golden sands of Blue Bay beach are within 300 meters, providing easy access to the natural beauty and lifestyle that waterfront living offers. This proximity to the beach, combined with ocean vistas, places the property in a coveted position for anyone looking to build a dream home or renovate to capture the coastal lifestyle.
With homes in the vicinity achieving record prices, this land presents a compelling canvas for buyers who want to capitalize on location and views. The block's size and frontage provide excellent scope to design a residence that maximizes the scenic outlook and creates functional outdoor spaces perfect for entertaining or peaceful retreat.
- 727sqm land size on a 16m frontage
- Uninterrupted ocean views enhancing lifestyle quality
- Close walking distance to Blue Bay beach
- Existing 2-bedroom cottage offering character and immediate start options
- Single car accommodation
This property will likely appeal to buyers seeking a prime coastal position in Blue Bay, including families looking to build or investors aiming for long-term value in a blue-chip area. The scope to rebuild or renovate presents flexibility to tailor a home to specific needs and preferences, set against a stunning backdrop and a strong local market.
Local Market Insights
In Blue Bay, Quiet Listings observed 46 new houses entering the market over the last 30 days, up from 37 during the previous 30-day period, with an average advertised asking price of $1,433,341. The property type mix of listed properties is predominantly Houses at 65%, followed by units (13%), and duplexes (7%). The most active agency for houses in the Blue Bay area is currently Ray White, representing 26% of new listings, followed by LJ Hooker with 17%. 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.