The Opportunity Positioned right on the waters edge with direct waterfront access is this second to non, true waterfront development site with potential holding income. As one of only a handful of properties with development zoning that has the water in your backyard in Batemans Bay, this is an opportunity like no other. This trophy property is the perfect site for a mulit-storey premium waterside development. The site is blessed with 180-degree unobstructed views from the Clyde River towards the Tollgates and the ocean heads. Existing Inclusions On the site currently is a double brick residence of palatial proportions that is configured perfectly for dual income living. The upstairs and downstairs residences are both self contained with separate entrances. This makes for the perfect income producing property whether it is for holiday letting, permanent letting or live + rent. The upstairs residence has a family friendly 3 bedrooms as well as the property downstairs consisting of 3 bedrooms. Key Site Features: *1037sqm approx. site with wide frontage to the water * Waterfront locale with all units benefitting from unobstructed views. * Footsteps to both Batemans Bay Marina & Catalina Country Club (golf course & club). * Holding income friendly. Further information available upon request. Please contact us for site inspection.