22 Driftwood Boulevard
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About this property
Positioned within the Emerald Fields Estate, 22 Driftwood Boulevard presents an outstanding opportunity for developers, investors, and builders looking to capitalise on the strong demand for quality housing in Old Bar. Set on a generous 831.3sqm* block, this premium site comes complete with DA approval for a triplex development comprising three well designed two-bedroom units, allowing you to fast-track your next project and avoid the lengthy approval process. Adding further appeal, water meters have already been installed, while the Construction Certificate is reliant upon developer contributions being paid to MidCoast Council, providing a clear pathway towards commencement. Located in one of Old Bar's newest and residential estates, the property enjoys convenient access to local amenities and the stunning coastline that has made the area so popular with both residents and investors. Features include: ⢠DA approved triplex development site ⢠Approved for three, two bedroom units ⢠Generous 831.3sqm* parcel of land ⢠Water meters already installed ⢠Situated within the popular Emerald Fields Estate ⢠Strong potential for investment or development returns ⢠Estimated rental return $1,600 - $1,700 per week Conveniently located approximately: ⢠3 minutes' drive to Old Bar town centre ⢠4 minutes' drive to Old Bar Beach ⢠2 minutes' drive to Old Bar Public School Development-ready opportunities of this calibre are becoming increasingly difficult to secure. Whether you're looking to build and retain, sell individually, or expand your development portfolio, this is a project with the groundwork already in place. Disclaimer: All information contained therein is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries. *Approximate areas, distances, times
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Land Area
- 831 m²
- Listed
- 3 weeks ago
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Neighbourhood
Living in Old Bar
This land in Old Bar, NSW 2430 sits within reach of public transport, local shops and nearby schools. It is listed 31% below the $815,000 median of 69 comparable landswithin 5 km.
Schools near Old Bar
- Old Bar Public Schoolprimary · K-6 · CoEd
What's nearby
- Medowie Rd after Old Bar Rd (bus) — 752 m away
- Bottle Shop — 953 m away
- Charles Boyce Park — 667 m away
- Blue Ocean Estate Park — 729 m away
- Cable Park — 739 m away
Old Bar at a glance
Full suburb profile- Population
- 5,126
- Median age
- 50
- Household income
- $1,170/wk
- Median rent
- $358/wk
- Median mortgage
- $1,690/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Old Bar price trend
Median sold · House 3 bed
Compound growth +4.3% / yr over 4 yrs
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1 price change recorded for this property
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