- Floor Area: 200 sqm
- Land Size: 1018 sqm
- Property Type: Block of units
- House style: Beach house, Cottage
- Unit style: Lowrise, Number in block: 4, Number of levels: 4
- Garaging / carparking: Off street
- Construction: Timber
- Joinery: Timber
- Roof: Iron
- Laundry: Separate
- Views: Waterfront
- Aspect: East
- Water supply: Town supply
- Sewerage: Mains
- Locality: Close to schools, Close to transport, Close to shops
About this listing
61 Ocean Parade offers a wonderful opportunity for investors to acquire a property holding which can only be considered as the location to invest.
61 Ocean Parade features include: R1 Zoning, Building Height Limit 22m, 1018sqm level land allotment, rear lane access, approx. 15-metre-wide frontage, now on land is a 4-unit residential block timber 1950 style construction, units are named SEABREEZE, fully tenanted returning $1120pw, shedding, fenced and ready for a make-over or ripe for re-development.
R1 Zoning objective include tourist related developments, visitor accommodation and to provide a variety of housing types and densities. The zoning allows a myriad of uses which are not limited to but include Caravan Parks, Child Care Centres, Entertainment Facilities, Hostels, Tourist & Visitor Accommodation, Multi dwelling housing, Residential accommodation, Residential flat building, Seniors Housing, Function Centre, Places of Worship, Group Homes, Food and Drink premises, Kiosks, and Registered Clubs to name some of the uses.
Information pack is available on the location & development opportunity.