buy
Location

12 Oyster Point Road, Banora Point NSW 2486

SQM
2,318
Bed
3
Bath
1
Cars
2
Sold price
$1,500,000
Unique Development Approved Opportunity with Ocean Views

One of the most unique opportunities exists on the Tweed Coast Coastline right now to purchase this exclusive land and house parcel at 12 Oyster Point Road.
What makes this even more sought after is that it offers a full development application approval and building certificate with a ten-year period to complete.
This development is for eight exclusive residences that will be situated on two of the most finest street addresses in East Banora Point. Such is the clever design that four will access each street frontage. The position offers some incredible Ocean Views in a location that is renowned as the dress circle of East Banora Point.
Another opportunity is to simply split the blocks into four duplex blocks and sell the blocks of land individually. This is subject to a council approval that has previously been granted for neighbouring blocks up the street and with all the required documentation already available and provided for the Previous Development application
This is one of the last opportunities to develop, create and construct a brand new opportunity in the heart of East Banora and reap an incredible opportunity that may never be repeated!

* Ocean View development 2318 sqm
* DA already in place for eight exclusive residences
* DA20/0125
* Two street frontage
* Current income in place for existing house $650 per week ($33,800 per annum).
* Save time, uncertainty and money in council awaiting development approvals !
* Opportunity to split into four blocks and do a residential land land development subject to council approvals.

Marketing videos and photos are purely for illustrative purposes only and the buyers should make their own endeavours as to design, style and inclusions.

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

** Attention Clients: Due to the current COVID-19 pandemic we are here to ensure the safety and health of our buyers, sellers & tenants. Social distancing will be applied upon any inspections and we will run through a list of questions and rules before entering the home.

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