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Description: Positioned on a rare landholding in the heart of Sanctuary Point, this property presents an exceptional opportunity for developers, renovators, investors, or buyers looking to secure real estate.
A Development Approval (DA) has already been obtained to subdivide the land into two lots, providing a significant head start for the next owner. While the subdivision has not yet been registered, the groundwork has been laid.
The kitchen, bathroom and laundry have been renovated to a high standard, featuring premium finishes including Caroma fixtures, brushed brass tapware and quality fittings throughout. Floor-to-ceiling tiles, dual shower mixers allowing both shower heads to operate simultaneously, along with a bath featuring a swivel spout and hand shower for added convenience.
The opportunities here are what truly set this property apart.
Complete the approved subdivision, build on the second lot (STCA), retain the existing residence while adding a granny flat (STCA) or explore a other development opportunities.
Included in the sale are professionally prepared concept plans for two architecturally designed two-storey duplexes (four custom homes), giving buyers an outstanding starting point for future development (STCA).
Perfectly positioned just minutes from St Georges Basin Country Club, beautiful waterways, local school, shopping facilities and everyday amenities, the property also enjoys easy access to the region's most sought-after coastal destinations, being approximately 10 minute drive to Vincentia and 10–15 minute drive to
Huskisson's cafés, restaurants, white-sand beaches and the crystal-clear waters of Jervis Bay.
Opportunities offering this combination of land size, existing improvements, approved subdivision potential and future development options (STCA) are becoming increasingly rare to find.
Whether you're looking to complete the subdivision, build on the second lot, renovate further or create a multiple income opportunities (STCA), 173 The Park Drive offers the flexibility
Property Features
-DA approved to subdivide back into two lots.
-Expansive double block with multiple redevelopment opportunities (STCA).
-Opportunity to complete the subdivision and register the second lot.
-Concept plans included for two architecturally designed two-storey duplexes (four custom homes).
-Existing two-bedroom home with renovated kitchen, bathroom and laundry.
-Premium bathroom featuring Caroma fixtures, brushed brass tapware and floor-to-ceiling
waterproofing.
-Majority of the home rewired with a new isolation switchboard.
-New plumbing rough-ins to the kitchen, bathroom and laundry.
-Electric Hot water system replaced in August 2023.
-New light switches and power points installed in the bedrooms.
-Outside both bushfire and flood zones.
-Calling developers, renovators, investors or owner-occupiers.
-Minutes to golf course, waterways, schools, shops and local amenities.
GOING TO AUCTION UNLESS SOLD PRIOR
Disclaimer: We have used our best endeavors to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify.
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