404 Princes Highway, Corrimal, NSW
Sold | Price Range $865,000 - $950,000Attention Developers and Investors
Here is an opportunity to secure a development within a minutes drive of the Corrimal CBD. Multiple options exist... keep the existing two homes, add additional dwellings or start fresh and develop (STCA). Bus, train, beach, parks, schools, pool and library all with one kilometre and Towradgi pools, surf beach and bowling club only two kilometres away.
- Front house is solid double brick and tile home with three large bedrooms, kitchen, dining, study, lounge and bathroom.
- Rear dwelling is brick and tile and accessed through right of carriage ways. It contains two bedrooms, modern kitchen, lounge room and north facing courtyard
- Rental potential for existing properties combined is estimated at $800-$850 per week
- Ideal opportunity to service the loan whilst seeking development approval
- Zoned R2 low density residential, the parcel of land totals 2940m2, however usage is restricted due to a perennial water course along the southern boundary