An exceptionally rare development opportunity directly opposite the foreshore, this original 1960s home on a huge 1099sqm corner allotment awaits a contemporary transformation or subdivision for at least two brand-new luxury beachfront homes (STCA) worthy of the blue-chip location. With mature trees and buffered from the Esplanade behind a tall fence and gates with a wide frontage, the property is steps from the popular Nunns Walk trail meandering down to a selection of crystal coves and just a short stroll to the Dava Drive shops and cafes. Perfect to rent out while awaiting planning approvals, the two-bedroom residence boasts a spacious living area with original timber floors, sash windows and split-system airconditioning, a tidy granite kitchen includes a Miele dishwasher and Blanco oven and a renovated bathroom with walk-in shower. Just a four minute drive to bustling Main Street and potentially capturing bay views from an upper level or rooftop terrace, this an exciting project and a chance to make a design statement with a prominent Esplanade address.

- Exciting subdivision potential (STCA)
- Prime site for luxury new coastal homes
- 1099sqm (approx.) corner allotment
- Opposite Nunns Walk coastal trail
- Short stroll to Coral Cove beach
- Original 1960s 2BR residence
- Wide front porch backdropped by bay breezes
- Original hardwood timber floors & sash windows
- Sublevel carpeted games room or home office
- Expansive under-house storage
- Walk to Dava Drive shops & cafes
- Short drive to Main Street