33 Cowper Street
Gloucester, NSW 2422

Overview

Prime Entry-Level Renovation & Development Opportunity on 948.4m²

This property presents a rare and valuable opportunity for entry-level buyers, renovators, investors, or those seeking a project with significant upside potential. Situated on a generous 948.4 square meter block, the site offers a substantial canvas to unlock its full potential.

The existing residence is a two-bedroom home that requires extensive renovation and refurbishment. This condition provides an excellent chance to add value by reimagining and customizing the living spaces to suit personal tastes and objectives.

Zoned R2 Low Density Residential, the property holds promising redevelopment possibilities subject to council approval. Prospective buyers may explore options such as dual occupancy, villa development, or constructing a brand-new home, making this an attractive prospect for developers and home builders alike.

Located in a highly desirable area, the property benefits from proximity to local schools, the Gloucester River, and the town center, offering a blend of convenience and lifestyle appeal. The elevated position affords beautiful mountain views from the front deck, enhancing the property's charm.

Key features include:

• Affordable entry-level purchase opportunity
• Spacious 948.4 square meter block
• R2 Low Density Residential zoning
• Potential for dual occupancy or villa development (subject to council approval)
• Existing two-bedroom home requiring full renovation
• Open plan living area complemented by a sunroom and compact kitchen
• Single garage plus an additional carport providing convenient parking options
• Concrete driveway access from Cowper Street and rear lane access for flexibility
• Connected to essential town services including water, sewer, and power
• Walking distance to schools, river, and town center
• Excellent scope to add value through renovation, redevelopment, or rebuilding

Gloucester is a picturesque country town located in the Barrington Coast region of the Mid North Coast. It offers a relaxed lifestyle surrounded by natural beauty and promising growth potential. The town is approximately 1.5 hours from Newcastle, 3 hours from Sydney, and about an hour from the stunning beaches of Forster-Tuncurry. Additionally, it is just 45 minutes from the World Heritage-listed Barrington Tops National Park, making it an ideal location for nature lovers and those seeking a peaceful environment.

Note that for privacy reasons, not all internal images are published, but additional photos are available upon request. Inspections are strictly by appointment only.

Disclaimer: While every effort has been made to ensure the accuracy of the information provided, interested parties are advised to conduct their own inquiries to verify details.

Location