1/157 The Round Drive

The Phone Code for this property is: 31152. Please quote this number when phoning or texting. Set within one of Avoca Beach's most tightly held enclaves, this exceptional 698sqm parcel offers a rare opportunity to secure a premium coastal site within a short stroll to the beach and village - an ideal location for a future luxury residence. Currently comprising an older 2/3-bedroom cottage and a modern two-bedroom granny flat with a private courtyard, the property provides immediate rental income while you plan and design a bespoke two-storey home. A second level offers the potential to capture beautiful north-facing views across Avoca Lake (STCA), creating an elevated coastal sanctuary of space, light, and outlook. Both residences have off-street parking and are occupied by long-term tenants, making this an outstanding land-banking or development opportunity. Rarely does a site of this size, versatility, and proximity to the beach become available - offering the perfect balance of immediate return and future potential. Key Features -Total rent return $1,000 per week -Generous 698sqm block in a premium Avoca Beach location -Short walk to beach, cafés, lake and village -Ideal site for a luxury two-storey home with lake views (STCA) -Existing 2/3-bedroom cottage plus modern 2-bedroom granny flat -Private courtyard to granny flat -Front and side access to the property for parking -Long-term tenants in place, providing holding income INSPECTIONS BY APPOINTMENT Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.