Discover the ultimate coastal lifestyle just 500 meters from Ettalong Beach CBD and a mere 600 meters from the pristine sandy shores. This property sits on a level 519m2 block, offering rear lane access and coveted R1 zoning, presenting a golden opportunity for a potential duplex or townhouse development in a prime location that's close to both town amenities and the beach. The existing property features a charming three-bedroom house with a spacious open-plan kitchen and living area, along with its own fenced yard. Currently rented for $530 per week, this residence offers a comfortable living space and a solid rental return. Additionally, a separate self-contained sleep out with rear lane access is leased to a long-term tenant of 12 years, generating $300 per week in rental income. This property not only provides immediate returns but also holds immense potential for future development. - Prime location near Ettalong Beach, offering a sought-after coastal lifestyle. - Potential for high rental yields and property appreciation in a thriving market. - Versatile development opportunities for residential or commercial projects. - Proximity to amenities, shopping, dining, and recreational activities - Strong demand properties in the area. - Beautiful natural surroundings and stunning ocean views to attract tenants. - Access to transportation hubs and major roads for convenience and accessibility. - Invest now and capitalize on the booming real estate market in this desirable coastal area. - Approx 512 sqm with rear lane access - Meters to CBD & Beach Seize the chance to secure your investment now and unlock the possibilities for growth and prosperity. Don't miss this opportunity to own a prime piece of real estate in a highly sought-after location. Contact Andrew Quilkey at 0421200330 or Jess Warren at 0483228944 to learn more about this exceptional property and take the first step towards making it yours today.