62 Bong Bong Street
Kiama, NSW 2533

Overview

Strategic Town Centre Holding with Favourable LMR Zoning Controls

Situated on a 556 square meter parcel of land, this property offers significant future potential in the heart of Kiama's town centre. Elevated to provide sweeping views over the township and towards Kiama Harbour, the location combines central convenience with scenic appeal, making it a highly attractive opportunity on the South Coast.

Kiama is a well-known destination located less than two hours south of Sydney, popular for those seeking a coastal lifestyle while maintaining connectivity to the city. The area boasts a strong community spirit, expanding infrastructure, and sustained demand, attracting a diverse range of buyers including developers, owner-occupiers, and investors looking to benefit from the region's ongoing growth.

The property benefits from the recently introduced Low and Mid-Rise (LMR) housing legislation, presenting an exciting prospect for duplex development, subject to council approval. The favourable floor space ratio of 0.65:1 further enhances the development appeal of the site.

Key features of the property include:

• Site area of 556 square meters
• Prime location within Kiama's town centre
• Elevated position offering views over the township to Kiama Harbour
• Favourable planning controls under LMR zoning provisions
• Potential for duplex development, subject to council approval
• Floor space ratio of 0.65:1
• Located in a highly sought-after suburb with strong demand for quality housing

The home itself was built in the late 1960s and features a folding arm awning over the balcony, as well as a main bedroom equipped with a roller shutter on the window. The property includes three bedrooms, two bathrooms, and a single garage space, providing comfortable accommodation for families or investors.

This opportunity offers a strategic town centre holding with exciting development potential in a thriving coastal community. The combination of location, zoning, and views makes this property a compelling prospect for those looking to invest or develop in Kiama.

Location