Sold For $1,155,000 Jan 2, 2019


87 Ellesmere Road, GYMEA BAY

  • Property ID: 61851520
  • Bedrooms: 4
  • Bathrooms: 2
  • Property type: HOUSE
  • Building size:
  • Carport: 2
  • Listing type: SOLD

SOLD! - Another Holt Result!


This established residence occupies a large 537.5 sqm block. By Title (Lot 21, DP 10487) corner block just a short stroll to renowned Gymea Bay Baths, and within Kirrawee High School catchement. A very tightly held part of Gymea Bay, this property has been with the same owner for 26yrs.

The existing home presents in well-maintained original condition. Surrounded by manicured lawns, the home features a paved and fully-fenced in-ground swimming pool with adjoining awning-covered alfresco area and side access to a secure carport.

On 23 May 2018 Sutherland Shire Council granted full 5-year development consent for application number DA17/1003. The DA Approval is for demolition of existing structures and construction of a dual occupancy. An architecturally designed front two storey 4 bed 3 bath home and a rear single storey 2 bed 2 bath + study residence, designed to allow for fitting out of independent solar electrical supply and many lifestyle enhancing features . Virtually freestanding, connected only by each propertyc_™s garage dividing wall, the homes would command a premium price for their dual income returns and sought-after location.

Developers, Investors and astute owner-occupiers are urged to act quickly to lock-in the full return potential of this dual street frontage offering in one of Sutherland Shirec_™s most prestigious bay side locales

Features: Lot 21 DP 10487
537.5 sqm by title
500m to Gymea Bay Baths
Well-maintained existing home on Title
5-Year DA Approval DA17/1003 lapsing 23 May 2023
Approved for two dwellings on Title
Option to own-occupy then develop at a later date

Location: Quiet street steps to Gymea Bay Fishing Point and Baths. Walking distance to local schools and shops. Easy access to Gymea Station, Westfield Miranda, A1, Cronulla Beach and Royal National Park.

Walking
The Grayzing Point (Cafe)
1.07km
14.9 mins
(Place Of Worship)
2.01km
27.9 mins
Miranda Post Office (Post Office)
2.08km
28.9 mins
Pharmacy
2.11km
29.3 mins
Cafe
2.12km
29.5 mins
Fast Food
2.14km
29.7 mins
Miranda Library (Library)
2.16km
30 mins