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Overview
This property in Shoal Bay represents a rare and significant opportunity, particularly suited to those with a vision for development or renovation. Set on a substantial, level parcel of approximately 758.8 square meters, the site offers an exceptional amount of usable land in one of the area's most sought-after locations. With the existing single-bedroom home providing a foundation, buyers can choose to renovate the current structure, knock down to build a personalized coastal residence, or explore potential development options subject to council approval.
One of the primary attractions of this property is its enviable location close to Shoal Bay Beach, local dining and shopping precincts, Shoal Bay Country Club, schools, and the scenic Tomaree Headland. The lifestyle afforded by these amenities is enhanced by the rarity of a large landholding of this size becoming available in such a prime setting.
- The flat, sizable block accommodates a variety of future possibilities, from maintaining and enhancing the existing dwelling to creating a new, architecturally designed home or subdivision project (subject to approvals).
- The property’s positioning within Shoal Bay ensures easy access to recreational, educational, and lifestyle conveniences that distinguish the region.
- With two car parking spaces and one bathroom, the current home offers basic livability while the land opens up numerous options for expansion or transformation.
This offering is ideal for developers, builders, investors, or owner-occupiers seeking a unique portfolio asset or a canvas to craft their dream coastal lifestyle. The profusion of space combined with unrivaled location is increasingly rare, underscoring the scarcity and value of this opportunity.
Local Market Insights
In Shoal Bay, Quiet Listings observed 22 new houses entering the market over the last 30 days, up from 17 during the previous 30-day period, with an average advertised asking price of $1,546,364. The property type mix of listed properties is predominantly Houses at 50%, followed by apartments (20%), and units (17%). The most active agency for houses in the Shoal Bay area is currently First National, representing 36% of new listings, followed by PRD Nationwide with 36%. 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.
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Location
Market Insights for Shoal Bay NSW 2315
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