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Overview
22 River Street, Cundletown
This property presents a rare opportunity combining a charming family home with a separate Development Application (DA) approved block of land. Located at 22 River Street in Cundletown, this offering is ideal for investors or owner-occupiers seeking to capitalize on the potential of a subdivided block close to the Manning River, yet safely positioned outside the flood zone.
Vacant land in Cundletown is scarce, making this an exceptional chance to build or invest in a sought-after area. The existing residence is a quaint four-bedroom home situated just meters from the river, offering a peaceful and convenient lifestyle.
Key features of the property include:
- An existing four-bedroom home on Lot 1, providing comfortable family living space.
- A separate sunroom and study area, enhancing the functionality and versatility of the home.
- Air conditioning for year-round comfort.
- Two lock-up garages and a double carport, offering ample secure parking and storage options.
- A council-approved two-lot subdivision, each approximately 552.5 square meters, allowing for future development or sale.
- A level corner block with dual street frontage, maximizing access and potential uses.
- Located within a flood-free river precinct, ensuring safety and peace of mind.
- Services are available at the boundary, facilitating development.
- Conveniently located within walking distance to local schools, parks, shops, and a boat ramp, supporting an active and connected lifestyle.
- The home is currently tenanted at $550 per week, providing immediate rental income for investors.
This property combines lifestyle, investment, and development potential in a unique package. It is well-suited for those looking to secure a foothold in a highly desirable riverside community with the added benefit of approved subdivision potential.
Prospective buyers are encouraged to explore the possibilities this property offers, whether as a comfortable family home with future development options or as a strategic investment in a tightly held market.
Change History
| Headline | When |
|---|---|
| Price Guide $870,000-$920,000 | |
| Price Guide $900,000-$950,000 |
Location
Cundletown NSW 2430
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
