3 Fourth Avenue, Sawtell NSW – SOLD FOR $1,300,000

Description

Sold on 08 Aug 2023 for $1,300,000

https://www.sawtellrealestateco.com.au/21173898

Central Sawtell Property, Ready for Renovation or Redevelopment.

Situated just 200m walk to Sawtell Surf Club and 150m to the main street, this tightly held property offers a wonderful opportunity to secure a prime location with fantastic convenience to everything Sawtell Village has to offer.

Featuring both street frontage and rear lane access, the block itself is 505m2 in size and offers a near flat, easy to traverse parcel. The existing home is a traditional coastal fibro cottage, offering four bedrooms, one bathroom and a single lockup garage. Mostly original internally and externally, the home itself has great potential for renovation, as seen with neighbouring properties, or presents a rare opportunity for redevelopment due to its R3 zoning.

R3 zoning (medium density residential) could allow for development of modern townhouses or units subject to council approval. Based on council guidelines, the parcel has potential for multiple Townhouses/Units under a strata configuration with scope for vehicle access via both the street frontage and rear laneway (Johnston Lane).