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56 Princes Highway

Corrimal, NSW 2518, Australia

3 bed 0 bath 2 car1029m²

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AI Valuation Estimate

$1.68m – $1.90m

Based on recent comparable sales in Corrimal

+6.2% suburb growth over 12 months

🏫

8.4/10

Schools

🚇

87/100

Walk Score

📈

+6.2%

Growth

🛡️

9.1/10

Safety

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Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

income | development | opportunity Set on an impressive 1,029sqm parcel in the heart of Corrimal, this unique property combines immediate livability, income potential and future upside. Featuring an existing three-bedroom cottage, rear lane access and previous approval/documentation for subdivision into two separate lots, it offers a rare opportunity for investors, developers, builders or first home buyers to secure a flexible holding with much of the groundwork already completed. what you will love > substantial 1,000sqm+ landholding in a central Corrimal location > existing three-bedroom cottage ready to be moved in > rental estimate of $650 p/w > rare rear access via Joyce Lane, creating excellent future flexibility > previously D.A approved subdivision into two separate lots > plans prepared for a private, modern two-storey family home at the rear > proposed rear residence includes four bedrooms, open-plan living, rumpus/theatre room and double garage > north-east facing living and alfresco area designed to capture natural light > extensive development documentation previously prepared, including drainage, landscape, engineering, survey, BASIX and construction certificate documents > ideal opportunity for builders, developers, investors or buyers wanting income now and future upside > positioned close to shops, schools, transport, beaches and major arterial access > 10 minutes to Wollongong CBD and less than 90 minutes to Sydney CBD > council = $2,306 pa, water = $817 pa, land size = 1,029 sqm Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our vendors, and as such, and McNeice X makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.