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2A King Street, Ourimbah NSW 2258

For Sale $500,000 - $550,000

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$500k - $525k Transparent Transparent Listing Based on an openly advertised listing price.

Land 488 m²

Listed: 52 days ago

Overview

This rare land offering is nestled in the heart of Ourimbah, presenting an exceptional opportunity for those seeking a centrally located parcel with diverse development potential. The 488.4 square metre block enjoys close proximity to key educational institutions, including the local schools and the University of Newcastle's Ourimbah campus, making it an ideal location for developments benefiting from academic and family-oriented communities.

Connectivity is a standout feature, with quick access to the M1 Motorway and Tuggerah Westfield to the north, facilitating convenient commuting options to Sydney and Newcastle CBDs, both just over an hour away. To the south, residents benefit from close access to Ourimbah Train Station and Gosford CBD, while the spectacular Terrigal coastline offers recreational enjoyment. The eastern surrounds feature popular amenities such as Ourimbah RSL, Mingara Recreation Club, and vibrant retail and café precincts in Killarney Vale and Long Jetty, complementing the lifestyle appeal.

The land is suitable for a broad range of development uses, subject to consent, including commercial premises, community facilities, amusement centres, medical centres, and various recreational and service industries. Buyers are encouraged to request the contract of sale for detailed permissible uses, acknowledging the versatility and strategic value of this offering.

This property will appeal to investors and developers seeking a site with strong lifestyle and location advantages, and the infrastructure to support diverse uses. Its central position within a dynamic region, coupled with accessibility and amenity, underlines its potential for a rewarding project aligned with market demand.

Local Market Insights

In Ourimbah, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $1,075,000. The property type mix of listed properties is predominantly Houses at 67%, followed by land (22%), and townhouses (11%). The most active agency for land in the Ourimbah area is currently McGrath Estate Agents, representing 50% of new listings. 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.