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SOLD - CONTACT AGENT

An Outstanding Low Density
Residential Subdivision

64-66 Anniversary Drive, Diamond Beach NSW 2430

PROPERTY HIGHLIGHTS 

  • The site offers elevated panoramic and distant water views to Red Head and Saltwater Lookout

  • Genuine development ready infill site

  • Near level land parcel

  • All of the necessary services, water, electricity, gas and telecommunications are currently available

  • Neighbouring beaches, schools, sports fields, shopping and services

  • Site area 3,138 sqm*

DESCRIPTION

 

The Opportunity

‘Sea Spray Estate’ Diamond Beach comes to market after 20 years of ownership by the one family. 

Superbly located in one of the Mid North Coast’s fastest growing regions within the Mid Coast Council Local Government Area, ‘Sea Spray Estate’ will provide a rare opportunity to secure a fully serviced  prime in-fill R1 General Residential zoned site. R1 General Residential allows flexibility and permits (with consent) to a broad variety of land uses. 

The approved DA of ‘Sea Spray Estate’ provides flexibility and can be developed according to demand ensuring cash flow can be managed as required. The design will appeal to the under supplied sub $1.1 million residential housing market, representing the median house price of all transactions recorded during the past 12 months within Diamond Beach. 

According to data from realestate.com.au, the median price of a house in Diamond Beach in June 2023 was $1,065,000. Based on five years of sales. Diamond Beach has seen a compound growth rate of 31.5% for houses. ​​​

*approximate

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