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Overview
This property offers a rare and substantial 838 square metre level allotment positioned in a highly sought-after pocket of Tanilba Bay, just a short 750 metres from the waterfront and situated opposite peaceful bushland. Such large parcels of land in this desirable location provide significant scope for future development or investment opportunities.
The existing single-level residence features a practical and comfortable layout with two generously sized bedrooms, including a main with built-in wardrobe, complemented by a original but neat bathroom. The living space is bright and inviting, with open-plan living and dining areas flowing naturally into a functional kitchen. Split-system air conditioning ensures comfort year-round, while additional storage and a single lock-up garage that includes the laundry cater to practical day-to-day living needs.
This property is ideal for a wide range of buyers: investors, developers, or those looking to build or renovate their dream home in a family-friendly neighbourhood. The parcel offers exceptional potential with previously approved subdivision plans (now lapsed), dual occupancy possibilities subject to council approval, and concept plans available to guide development. This flexibility allows owners to capitalize on the site’s location and size, adapting their plans as market conditions and personal circumstances evolve.
- Expansive 838sqm level block in a tranquil, well-regarded location
- Proximity to natural bushland and the waterfront enhances lifestyle appeal
- Subdivision and dual occupancy potential (STCA), supporting diverse investment or living options
- Existing comfortable home suitable for immediate occupation or rental income while planning future development
- Single-level layout with spacious bedrooms and functional living spaces
- A single lock-up garage incorporates laundry facilities, aiding functionality
Opportunities to secure a development-ready property of this calibre are becoming scarce, particularly in a blue-chip address like Tanilba Bay. This offering presents a unique chance to create value through renovation, subdivision, or new construction according to one’s vision. Whether planning to build a contemporary duplex, subdivide for two free-standing homes, or establish a spacious family residence, this property’s location, size, and versatility provide a strong foundation to realize those ambitions.
Local Market Insights
In Tanilba Bay, Quiet Listings observed 12 new houses entering the market over the last 30 days, up from 8 during the previous 30-day period, with an average advertised asking price of $896,250. The property type mix of listed properties is predominantly Houses at 86%, followed by land (7%), and others (7%). The most active agency for houses in the Tanilba Bay area is currently Ray White, representing 42% of new listings, followed by Portside Real Estate with 25%. 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
Market Insights for Tanilba Bay NSW 2319
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