The Blue Chip Coastal development site you've been waiting for!

Set Date Sale: Absolutely all offers by 4.00pm Wednesday 23rd Feb 2022<br/>*Contact Nathan or Corey for buyer feedback range*<br/><br/>Nathan Tonich of Realmark Urban and Corey Adamson of The Agency present to you…<br/><br/>This extremely rare beachside opportunity perfect for the astute investor as properties like this simply will never exist again!<br/><br/><br/>Located on the beachside of West Coast Highway a mere 80m walk to the sands of Scarborough Beach sits this double storey duplex property comprised of 2 separate homes, each on their own level positioned on an large 947m2 land holding!<br/><br/>What are your options?<br/>1 – Purchase this unique parcel as a long hold investment and rent out each of the two homes knowing that land like this will only become more and more scarce<br/>2 – Renovate one or both levels and everyday take in the incredible ocean views and lifestyle that comes with living in the heart of this amazing suburb.<br/>3 – The most advantageous opportunity is to create a Multi-Storey Residential Development with sensational views, overlooking our prized world class Scarborough Beach.<br/><br/>Located within the “Gateway West” precinct of the redevelopment area this parcel meets the current guidelines for the potential approval of an 8 storey development and consideration upon application for an additional 4 storeys. (*all subject to full approvals by relative authorities)<br/><br/>What to know:<br/><br/>House #1 (Top level):<br/>Stunning views of the glistening Indian ocean & arguably the best sunset views in the state!<br/>Soaring ceilings through the open plan kitchen, living & dining area.<br/>Spacious master bedroom boasts double built in robes and generous ensuite.<br/>Both minor bedrooms are a great size and feature built in robes.<br/>Large family bathroom with a walk in shower and bath tub.<br/>The charming sunroom overlooking the ocean is a magnificent place to start or end the day.<br/>Over 6 metre long side balcony built for entertaining.<br/>Currently rented to great tenants.<br/><br/>House #2 (Bottom level):<br/>Four spacious bedrooms, all freshly fitted with brand new carpet.<br/>Big family sized bathroom and a great separate laundry.<br/>The massive open plan living area is flooded with natural light and features a separate dining area.<br/>Generous kitchen with ample storage and a handy gas cooktop<br/>Entertainers alfresco onto the sprawling backyard.<br/><br/>The property also features 3 separate garages and plenty of parking for extras.<br/><br/>Capitalize on the biggest transformation this iconic precinct has seen in more than 30 years!<br/><br/>The recently completed $100 million redevelopment has brought this historic lifestyle location back to life.