22 River Street
Cundletown, NSW 2430

Overview

22 River Street, Cundletown

This property presents a rare opportunity combining a charming family home with a separate Development Application (DA) approved block of land. Located at 22 River Street in Cundletown, this offering is ideal for investors or owner-occupiers seeking to capitalize on the potential of a subdivided block close to the Manning River, yet safely positioned outside the flood zone.

Vacant land in Cundletown is scarce, making this an exceptional chance to build or invest in a sought-after area. The existing residence is a quaint four-bedroom home situated just meters from the river, offering a peaceful and convenient lifestyle.

Key features of the property include:

• An existing four-bedroom home on Lot 1, providing comfortable family living space.
• A separate sunroom and study area, enhancing the functionality and versatility of the home.
• Air conditioning for year-round comfort.
• Two lock-up garages and a double carport, offering ample secure parking and storage options.
• A council-approved two-lot subdivision, each approximately 552.5 square meters, allowing for future development or sale.
• A level corner block with dual street frontage, maximizing access and potential uses.
• Located within a flood-free river precinct, ensuring safety and peace of mind.
• Services are available at the boundary, facilitating development.
• Conveniently located within walking distance to local schools, parks, shops, and a boat ramp, supporting an active and connected lifestyle.
• The home is currently tenanted at $550 per week, providing immediate rental income for investors.

This property combines lifestyle, investment, and development potential in a unique package. It is well-suited for those looking to secure a foothold in a highly desirable riverside community with the added benefit of approved subdivision potential.

Prospective buyers are encouraged to explore the possibilities this property offers, whether as a comfortable family home with future development options or as a strategic investment in a tightly held market.

Location