119 Ocean Drive, Kew NSW 2439

$1,150,000

Residential Subdivision Land

This near level 6.6 Hectare block is an opportunity for all potential developers to purchase now and cash in on the future. Currenty zoned R1 Residential with an anticipated yield of 48 lots and offering 700 plus metres frontage to existing sealed road making for an easy staged development. Located opposite an existing High School with Woolworths within 2km and Kew village with Hotel, General Store, Golf Club within 1km. Perfect for a small syndicate or group of "hands on" mates to learn the art of land subdivision. An added bonus is a 3 bedroom home with renovated bathroom, a double lock up garage and covered entertaining area that would return approx $21,000 per annum until ready for subdivision.

Property Details