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Overview
This property offers a rare and versatile opportunity in one of Flinders' most coveted coastal areas. It presents an attractive development-ready site spanning a substantial 1,065.18 square meters, already approved for subdivision and construction, allowing developers, builders, and investors to capitalize on the substantial groundwork completed.
The site is thoughtfully divided into two parts. The first includes a comfortable, tenant-ready three-bedroom home situated on a 506.34 square meter allotment, complemented by plans for a granny flat, pending subdivision approval. This presents an immediate income avenue in a highly sought-after location.
The second part offers a prime development prospect with DA and CC approval for two modern three-bedroom villas on a 558.84 square meter vacant lot. These villas feature contemporary architectural designs with open plan living areas seamlessly flowing onto alfresco spaces, double garages, and stylish finishes inspired by the coastal lifestyle.
Situated moments from pristine beaches, Shell Cove Marina, and Stockland Shellharbour, the location ensures convenience alongside access to parks, educational facilities, shopping, and transport links, underscoring the area's strong demand.
This offering is well suited for developers aiming for a streamlined project with approvals in place, investors seeking immediate and future revenue, and those looking to secure a footprint in an esteemed South Coast community. The blend of established rental income coupled with promising new development possibilities embodies both security and growth potential, making this property an exceptional proposition in today's market.
Local Market Insights
In Flinders, Quiet Listings observed 21 new houses entering the market over the last 30 days, down from 26 during the previous 30-day period, with an average advertised asking price of $1,699,857. The property type mix of listed properties is predominantly Houses at 59%, followed by villas (13%), and apartments (10%). The most active agency for houses in the Flinders area is currently Ray White, representing 62% of new listings, followed by Right Choice Real Estate with 14%. 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.
Change History
| Headline | When |
|---|---|
| $990,000-$1,089,000 | |
| Contact Agent |
Location
Market Insights for Flinders NSW 2529
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