Combine 525 with 526 Esplanade and develop

526 Esplanade is now also for sale, both are 1,128M2 of high density zoned land.
Looking for development opportunity or do you dream of beach side living on the Esplanade at Urangan, the happening end of town?
Here is an entry level option with this high set home in need of a renovation or relocation.
Lift it up and re stump on steel giving you twice the under-roof space for starters.
The roof has been replaced and there is a hardwood frame and floors throughout. The rest is up to you to create your dream beach house.
It is zoned high density so can be developed for units or subdivision subject to council approval of course.
With a smaller vacant block nearby selling recently for $745,000 this property represents great value.
My last three sales along this stretch of Esplanade have sold quickly so don't hang around.

A guide to renovating or new build options are as follows;
Re stump and full renovation on the 1st floor adding a bathroom, new kitchen, new ceilings, around $280,000
To build in underneath as well about $350,000
To remove the existing property $20-25,000 and to build a standard single-story new home around $380,000

Property Details

  • Fully Fenced
  • Living Area
  • Polished Timber Floors