PROPERTY DESCRIPTION

65 Ocean Beach Road, Woy Woy NSW 2256 is proudly presented by Rafael Posadas of gofysh | estate agents.

DA Approved site for 12 Co-Living Apartments inclusive of Manager’s Office, and parking for 5 vehicles (at-grade parking – no basement)

DA/992//2023 approved with Central Coast Council

Determination Date – 31/07/2023

• R2 land zoning
• 8.5m building height
• 15.7m frontage
• 904m2 land area

Rental Potential (12 apartments x $430 per week) = $268,320

GRV (6%) = $4,472,000

Currently a 3 bed, 1 bathroom, single garage home with carspsace rented for $625 per week ($32,500 per annum)

• 1 min (35m) walk to Bus Stop
• 2 min (100m) walk to Woy Woy Hospital
• 12 min (850m) walk to Woy Woy Shops and Restaurants/Cafes
• 17 min (1.2km walk to Peninsula Leisure Centre
• 18min (1.3km) walk to Woy Woy Train Station
• 4 min (3.5km) drive to Umina Beach
• 5 min (3.5km) drive to Ettalong Beach

This is truly a great opportunity not to be missed!

Please call me anytime on 0433 777 941 for further information or to arrange a private inspection

Disclaimer – The information on this summary sheet should not be relied on as a substitute for legal and real estate advice. You should make your own inquiries as to the accuracy of any information or material contained in this document.

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