Uncover a hidden gem in Shoalwater with this promising development site, tucked away on a spacious 1,161sqm block boasting an enviable R40 zoning. Picture-perfect for a potential 5-unit development (subject to council approval), the canvas is ripe for your creative vision. With an existing 2-bedroom, 1-bathroom home being sold on an "As Is and Where Inspected' basis" Location-wise, it's a dream come true! Just a skip and a hop away, indulge in leisurely strolls around the scenic pathways of Lake Richmond. Need to grab a few essentials? Shoalwater Shopping Centre is a mere 400 meters stroll away, ensuring convenience is always at your fingertips. Embrace the coastal vibe with the Shoalwater Foreshore beckoning just 1km from your doorstep, while the iconic Palm Beach is a short 2.6km jaunt for sun-soaked adventures. For a spot of retail therapy, Rockingham Shopping Centre is a quick 4.5km drive, while the vibrant Rockingham Foreshore awaits just 3.6km away. Nestled on the property is a quaint 2-bedroom, 1-bathroom brick and tile abode, brimming with potential. While it may be a tad dated, it's got some good bones but it will be sold on an "As Is and Where Inspected" basis. Inside, discover a cosy living area and an original kitchen with a designated meals spot. There's a freestanding garage offering space for one car. Stay cool with the split system air conditioner and enjoy the convenience of an internal laundry and separate toilet. Outside, a petite patio sets the scene for alfresco living and dreaming up your vision for this promising space. Calling all savvy investors and developers! Don't miss out on this fantastic opportunity to turn dreams into reality in this highly sought-after locale. For more information and inspection times contact: Agent: Sarah Richardson Mobile: 0410 606 095 NOTE: This is being sold on an AS IS and WHERE INSPECTED basis. PROPERTY INFORMATION Water Rates: $272.67 per qtr Block Size: 1,161sqm Zoning: R40 Build Year: 1966 Dwelling Type: House *Any reference to development potential is subject to planning and approval by relevant authorities. Potential Buyers are encouraged to make their own enquiries in relation to any intended plans for future development of this site. INFORMATION DISCLAIMER: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgement about the information included in this document. Century 21 Team Brockhurst provides this information without any express or implied warranty as to its accuracy or currency.