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112 Toowoon Bay Road
Toowoon Bay NSW 2261
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Sold on 20 Jun 2023

112 Toowoon Bay Road Toowoon Bay NSW 2261

  • Development / Land
  • 929 m²
  • Sold, $3,500,000

"Ocean Palms" Whole Apartment Block on 1 Title

  • 150m to Toowoon Bay Beach
  • Whole block of apartments on the 1 Title
  • Offering strata opportunites S.T.C.A

Ultimate opportunity for the quintessential "Block of Flats by the Beach" with a multitude of options for the savvy buyer as a fully occupied multiple income investment, take 1 or 2 apartments for yourself for weekends and enjoy a passive income or extended/multiple family compound in the coveted lifestyle location & most sought after Central Coast suburb Toowoon Bay.

Fully leased with 6 tenancies on permanent basis all with their own designated off-street parking, and showing solid returns from day one, or opportunity to retain an apartment for your own family holiday retreat, only stone's throw from stunning family safe & picturesque Toowoon Bay Beach.

Located on a prime 929sqm site zoned R1 Residential for future redevelopment, or potential for individual strata title subdivision (STCA) of existing brick apartments with draft strata plan included.

Solidly built and predominantly full brick construction and offered in turnkey condition with recent major refurbishment both internals, and externals in tasteful Hamptons styling. All apartments individual from each other & offer gorgeous modern inclusions, private laundries & allocated outdoor areas.

Offers buyers the opportunity for a sea change retirement with income, residing in the spacious owner's upstairs residence with retro fit out & ocean views. Ideally positioned to take a short 300m stroll to trendy Toowoon Bay café's, restaurants & friendly boutique shops.

Alternately host your own Airbnb complex or grab some friends or family and syndicate a multiple family beach retreat complex, at one of the best beaches in NSW, all within an hour and half easy drive from Sydney.

Inspections available by scheduled appointment Saturdays or Wednesdays register your details below.

Offered for genuine sale by Expressions of Interest - Closing 30th June 2023 - full particulars and investment returns available by contacting agent below.

(E&OE) Please note that all information, herein is gathered from sources we, McLachlan Partners believe to be reliable. Computer images, photos, plans, drawings, maps etc are indicative only. McLachlan Partners cannot guarantee its accuracy and any interested person/s should rely on their own enquiries.

Supporting Documents

Marketing Contract

EXPRESSION OF INTEREST

Closing date and time30/06/2023 17:00
Recipient nameAsk Agent
Delivery addressAsk Agent
Mclachlan Partners
Mclachlan Partners
453 The Entrance Road
Long Jetty, NSW 2261

Property Highlights

Date Sold20 Jun 2023
Sold Price$3,500,000
Floor Area525 m²
Land Area929 m²
Parking6 x Onsite parkings
Building TypeWhole building
Property ID2018576853
Category
Last updated  21 Jun 2023
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Mclachlan Partners
Mclachlan Partners
453 The Entrance Road
Long Jetty, NSW 2261

Property Highlights

Date Sold20 Jun 2023
Sold Price$3,500,000
Floor Area525 m²
Land Area929 m²
Parking6 x Onsite parkings
Building TypeWhole building
Property ID2018576853
Category
Last updated  21 Jun 2023

Co-Agents

Bruce McLachlan
Bruce McLachlan
Mclachlan Partners
Call
0410 510 234
Brent Speechley
Brent Speechley
Mclachlan Partners
Call
0412 467 796

More about 112 Toowoon Bay Road Toowoon Bay NSW 2261

112 Toowoon Bay Road Toowoon Bay NSW 2261 is categorized as Land & Development Property. It has a floor area of 525 m² and a land area of 929 m². There are 6 x onsite parkings.The listing ID for this property is 2018576853.

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