Maroubra
Townhouse
Prime DA-Approved Development Opportunity in Maroubra
An exceptional opportunity awaits developers and private builders with this off-market development site in Maroubra. The property has Development Approval (DA) for constructing four contemporary townhouses, making it a lucrative investment in Sydney's sought-after Eastern Suburbs.
Property Highlights:
Development Approval: Securely in place for four modern townhouses, streamlining the path to construction and reducing time to market.
Generous Land Size: The property boasts a substantial land area of approximately 579m², providing ample space for well-designed residences with desirable features.
Existing Dwelling: Currently, a 2-bedroom, 1-bathroom house with parking for three cars occupies the site, offering potential rental income or accommodation during the planning phase.
Investment Potential:
High Demand Location: Maroubra is renowned for its coastal lifestyle, excellent amenities, and proximity to Sydney CBD, making it highly attractive to buyers and tenants alike.
Strong Market Growth: The area has experienced consistent property value appreciation, indicating a robust return on investment for well-executed developments.
Lifestyle Appeal: Future residents will enjoy close proximity to Maroubra Beach, local cafes, shopping centres, reputable schools, and efficient public transport options.
Development Advantages:
Reduced Approval Time: With DA approval already granted, developers can expedite the construction process, saving both time and resources.
Design Flexibility: The generous land size allows for the creation of spacious, architecturally designed townhouses that cater to modern living preferences.
Sustainability Potential: Incorporate eco-friendly features and sustainable building practices to enhance marketability and future-proof the development.
This is a rare chance to capitalise on a ready-to-develop site in a prime location. Whether you're an experienced developer or a private builder looking to make a significant impact in the Maroubra property market, this off-market opportunity presents an investment not to be missed.
For further details and to arrange an inspection, please contact the listing agents:
Mahan Shishineh
0416 169 943
Peter Li
0425 217 260
Property Highlights:
Development Approval: Securely in place for four modern townhouses, streamlining the path to construction and reducing time to market.
Generous Land Size: The property boasts a substantial land area of approximately 579m², providing ample space for well-designed residences with desirable features.
Existing Dwelling: Currently, a 2-bedroom, 1-bathroom house with parking for three cars occupies the site, offering potential rental income or accommodation during the planning phase.
Investment Potential:
High Demand Location: Maroubra is renowned for its coastal lifestyle, excellent amenities, and proximity to Sydney CBD, making it highly attractive to buyers and tenants alike.
Strong Market Growth: The area has experienced consistent property value appreciation, indicating a robust return on investment for well-executed developments.
Lifestyle Appeal: Future residents will enjoy close proximity to Maroubra Beach, local cafes, shopping centres, reputable schools, and efficient public transport options.
Development Advantages:
Reduced Approval Time: With DA approval already granted, developers can expedite the construction process, saving both time and resources.
Design Flexibility: The generous land size allows for the creation of spacious, architecturally designed townhouses that cater to modern living preferences.
Sustainability Potential: Incorporate eco-friendly features and sustainable building practices to enhance marketability and future-proof the development.
This is a rare chance to capitalise on a ready-to-develop site in a prime location. Whether you're an experienced developer or a private builder looking to make a significant impact in the Maroubra property market, this off-market opportunity presents an investment not to be missed.
For further details and to arrange an inspection, please contact the listing agents:
Mahan Shishineh
0416 169 943
Peter Li
0425 217 260