49 Kennedy Drive

A unique opportunity to secure a magnificent development site within this upcoming trendy location. Positioned directly opposite Terranora Creek with uninterrupted views extending across park to the lustrous waterway. The position, together with the favourable zoning and planning constraints would suit a range of development options which may include medium density residential housing in luxury or affordable format. Further uses could include boutique child care centre, commercial or mixed-use development.* The exceptional underlying value of this site is underpinned by recent sales of older style cottages in this pocket now around mid-$1m's and with multi-million dollar waterfront homes consistently selling around the corner, this desirable location is being recognised for its proximity to all major services, whilst maintaining its quiet trendy waterside feel. Key Features 1,031 square metre site area Medium Density Residential zone Height Limit to 13.6 metres Holding income from existing tenant Identified by NSW mapping as Flood Free Minutes from Coolangatta & World Class Surfing Beaches Hospital, airport, schools, shops and much more also only minutes away * Subject to Council Approval This is an exceptional offering representing great value and cheaply priced real estate for unrestricted water views. Rarely does a site with these attributes become available. Contact the exclusive agent, Cushman & Wakefield for more information.