87 ELLESMERE ROAD, GYMEA BAY

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 property’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 Shire’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.