Residential For Sale

22 Driftwood Boulevard OLD BAR NSW 2430

OLD BAR, NSWPosted More than 1 month agoAd Code NNRKLR
For Sale
$500,000 - $550,000
Verified seller
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Description

Positioned within the Emerald Fields Estate, 22 Driftwood Boulevard presents an outstanding opportunity for developers, investors, and builders looking to capitalise on the strong demand for quality housing in Old Bar.

Set on a generous 831.3sqm* block, this premium site comes complete with DA approval for a triplex development comprising three well designed two-bedroom units, allowing you to fast-track your next project and avoid the lengthy approval process.

Adding further appeal, water meters have already been installed, while the Construction Certificate is reliant upon developer contributions being paid to MidCoast Council, providing a clear pathway towards commencement.

Located in one of Old Bar's newest and residential estates, the property enjoys convenient access to local amenities and the stunning coastline that has made the area so popular with both residents and investors.

Features include:
• DA approved triplex development site
• Approved for three, two bedroom units
• Generous 831.3sqm* parcel of land
• Water meters already installed
• Situated within the popular Emerald Fields Estate
• Strong potential for investment or development returns
• Estimated rental return $1,600 - $1,700 per week combined

Conveniently located approximately:
• 3 minutes' drive to Old Bar town centre
• 4 minutes' drive to Old Bar Beach
• 2 minutes' drive to Old Bar Public School

Development-ready opportunities of this calibre are becoming increasingly difficult to secure. Whether you're looking to build and retain, sell individually, or expand your development portfolio, this is a project with the groundwork already in place.

Disclaimer: All information contained therein is gathered from relevant third party sources.
We cannot guarantee or give any warranty about the information provided.
Interested parties must rely solely on their own enquiries.
*Approximate areas, distances, times
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Details

Price
For Sale $500,000 - $550,000
Listing type
Residential For Sale
Property type
Land
Method of sale
For Sale
New or established
Established

Location

OLD BAR, NSW 2430

Location is approximate - the map shows the general area, not the exact address.

For Sale
$500,000 - $550,000
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LJ Hooker Old Bar BeachVerifiedVerified Tradingpost seller

Listing agent

Adam Stevenson
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