house+1.66 acres+views!

63 Frederick Street, Vincentia


Expressions of Interest


Sleeps:
Bedrooms:4
Parking:6
Bathrooms:2

63 Frederick has a total area of 6,734m2 (or 1.66 acres). Given its size, sub-division potential, second building site with spectacular views over Jervis Bay, and the presence of an existing 3 + 1 brm house, 63 Frederick is arguably one of Vincentias most interesting and desirable properties. And definitely a trophy property at that!

As Vincentia develops and gets busy, the southern precinct of the town, where 63 Frederick is located, is increasingly the most sought after location for many buyers. Located within walking distance to both Blenheim and Greenfields Beach, this property also features direct access to the White Sands bush walk to Hyams Beach. All of this on your doorstep.

63 Frederick comprises of 5 separate blocks, one of which has an existing, recently renovated 3 + 1 brm house, a second has an additional building entitlement, and all have town sewer in place. Direct access to beautiful Greenfields beach is also only 500 metres away along a track that passes through beautiful Council Reserve and National Park land. No roads, no houses, just you and the bush until you arrive at the beach!

The property has various development options and is a rare and unique offering for Vincentia and Jervis Bay. The top lots have magnificent views across Jervis Bay, and offer what must arguably be the best building site in all of Vincentia.

In particular, 63 Frederick provides a buyer with the following possibilities:

1.Build a magnificent home on the top lot which has an existing building entitlement and sell the existing house to defray your investment cost
2.Build a magnificent home on the top lot which has an existing building entitlement and keep the existing house as a second house for family and friends, or as an investment or holiday rental property
3.Hold the property as one lot, live in the bottom, existing house, and wait for or explore further the sale of the 4 top lots (if and when road access is constructed to them)

The 5 lots are as follows, all of which are in DP216860:

Lot 1018 - 834m2 (existing house / building entitlement)
Lot 1021 - 1075m2
Lot 1022 1,182m2
Lot 1023 1,500m2 (building entitlement)
Lot 1024 2,143m2

All lots have separate titles, have been surveyed, and can therefore be sold separately.

The existing house on Lot 1018 is a recently renovated 3 + 1 bedroom, 2 bathroom house in a very quiet and private part of Vincentia with town and additional gravity fed rainwater tanks, solar hot water, solar panel system (current electricity bill has $2500 credit), and an easy to maintain native landscaped garden.

The vendor has made some investigations into various sub-division, driveway access and development possibilities, details of which can be shared with interested buyers.

Please contact Craig McIntosh 0455 544 228 or craig@southcoastproperties.com.au