This impressive 6 bedroom brick home, sitting on a generous 1,037sqm block of medium-density zoned land, offers a rare opportunity in an iconic location. With sweeping 180-degree views, direct water access and a short flat walk to so many amenities, this is one for the developers, investors, and those seeking an impressive place to call home.

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Positioned to maximize its expansive outlook, this property takes full advantage of stunning views that stretch across the surrounding landscapes. The home is palatial and incredibly solid, it has housed many generations and over the years has been the site of so many significant family gatherings and events!

Currently divided into two dwellings - an enormous 3 bedroom, 2 bathroom home upstairs with multiple living and entertaining areas. As well as a 3 bedroom, 2 bathrooms fully self-contained flat below. Not only that, but there is an enormous double garage with internal access plus a second generous carport that could easily house 3 cars.

There are storage options throughout the home with every inch capitalised to create space and function. There is even a room at the rear that gives you an entertainer's kitchen and services the outdoor pizza oven, complete with additional WC.

There is a generous flat backyard with gated access to the water keeping it safe for the smaller ones, as well as your very own swimming pool if taking a tip in the ocean is not on the cards. There is a boat ramp and side access, so it is well set up to have everything you need to enjoy coast life.

When the tide is out you have expansive sand flats to enjoy, right in your back yard, enjoy making sandcastles and playing backyard cricket. Then when the tide comes in, your hardest decision will be whether to go fishing or swimming, it's a tough life!

The home would be a wonderful opportunity for a large family, those that want to secure their own waterfront property and enjoy the best of both worlds, or what a perfect opportunity for multiple incomes or have flexible options to live in one and rent out the other.

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The R3 medium-density zoning allows for multiple development opportunities, making it an attractive choice for anyone looking to capitalize on a lucrative real estate venture. The scope for development or subdivision is significant, with potential to build luxury apartments, townhouses, or even a mixed-use commercial-residential space, subject to council approval. With recent high-end sales in the area, you would be joining some elite developments held in high regard with buyers.

Any development would enjoy sweeping views from ALL levels, water access and the convenience of nearby restaurants, entertainment and amenities. They would enjoy easy access to transport, shopping, dining, and entertainment options. 'Club Catalina', the 27-hole Championship Golf Course is just across the road, adding another feather in the cap that is the desirability of this location. It is no wonder this location is known for its community appeal and high-growth prospects, ensuring any development here will have lasting value.

So, whether you choose to develop immediately or hold and watch the area's value rise, this property stands as a premium investment. With such a unique position, an impressive land parcel, and endless possibilities for growth, it offers a chance to create something exceptional.

The view is breathtaking, the location incredibly tightly held, and the current home is impressive. So, capitalize now or secure it for future gains, either way this is a rare offering not to be missed!

Rates: $4,370.39 per year