28 Azalea Avenue, Wauchope, NSW 2446

Block Of Units
Type
6
Bedrooms
3
Bathrooms
5
Parkings
1,113 m²
Area

Last updated on Friday, May 08, 2026 ( See property details for 28 Azalea Avenue, Wauchope, NSW 2446)

Expressions of Interest

Ayla Bailey Licensed Real Estate Agent, Stock & Station Agent, Auctioneer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare development-ready property in Wauchope offering three existing units with approval for two more, ideal for investors seeking growth and stability.

🏡 Property Highlights

  • Development approval in place for two additional dwellings, enabling a five-unit complex.
  • Strategic location just 1.5km from Wauchope's CBD and close to the Wauchope Country Club.
  • Established multi-dwelling asset with long-term tenancy providing stable income.
  • Large 1,113sqm landholding offering future development upside.
  • Existing three-unit block with renovation benefits already realised.
  • Opportunity to hold, improve, or develop in a high-demand regional market.

✨ Key Features

  • Open-Plan Living
  • Ensuite
  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Wauchope is a thriving regional hub known for its strong community vibe, growing demand for quality housing, and proximity to the coast. The area offers excellent amenities, a relaxed lifestyle, and significant development potential, making it an attractive choice for investors and families alike. Its strategic location supports a balanced lifestyle with access to natural beauty and urban conveniences. The local market is characterized by limited supply of development-ready sites, ensuring strong future growth prospects.

What is the current occupancy status of the units?
Two units are currently leased, with one unit vacant and available for viewing during open homes.
What are the future development plans for the site?
The property has development approval in place to expand from three to five units, providing significant future upside.
Are there any restrictions or conditions attached to the development approval?
All relevant conditions and restrictions are detailed in the development approval documentation, which interested buyers should review.
What are the ongoing costs associated with the property?
Ongoing costs include council rates, maintenance, and management fees, which can be obtained from the vendor or property manager.
Is there any recent renovation or upgrade history?
Yes, renovation benefits have already been realised, enhancing the property's value and appeal.
Are there any hidden costs or upcoming maintenance expenses associated with the property? Has the development approval been fully approved and is it compliant with current regulations? Are there any zoning restrictions or easements that could impact future development? Is the property located in a flood or bushfire-prone area? Are there any planned nearby construction projects or developments that could affect the property’s value or livability? What are the strata or body corporate arrangements, if applicable? Are there any existing issues or defects with the units or land that require attention? What are the terms of the current leases, and are there any upcoming lease expirations? Is the property connected to all essential services and utilities? Are there any restrictions on pet ownership or other lifestyle considerations?

28 Azalea Avenue, Wauchope, NSW 2446 - More Details

Expressions of Interest

NOTE: Please send an email enquiry including your first and last name, email and phone number to receive an automated reply enclosing price information, figures and further details about purchasing process.

A rare opportunity to secure a 1,113sqm block of three existing units with development approval in place for two additional dwellings, offering a clear pathway to a five-unit complex.

This generous parcel is positioned just 1.5km from Wauchope's CBD and approximately 1.3km to the Wauchope Country Club, combining convenience with strong ongoing tenant appeal.

Often referred to as the hinterland of Port Macquarie, Wauchope is experiencing growing demand from buyers seeking greater value and space while remaining closely connected to the coast, much like the way surrounding hinterland markets support lifestyle hubs such as Byron Bay.

That momentum is also underpinning demand for well-located investment assets, with limited supply of unit blocks and development-ready sites making opportunities such as this increasingly scarce.

This is a strategic investment opportunity with an established multi-dwelling asset, renovation benefits already realised, long-term tenancy providing stability, and DA approval secured for expansion to five units.

- Block of 3x units on a single title
- Approved for expansion to 5x units
- 2 units leased one vacant for public open homes
- Large landholding with future upside
- Positioned in a high-demand regional market, and offering a flexible strategy to hold, improve or develop.

NOTE: This property is being offered for sale via an Expression of Interest campaign. The vendor reserves the right to accept an offer and proceed with a sale at any time prior to the closing date.

DISCLAIMER: All information contained herein has been obtained from sources deemed reliable; however, it has not been independently verified, and its accuracy is not guaranteed. Interested parties must make and rely on their own enquiries.
Type
Block Of Units
Bedrooms
6
Bathrooms
3
Parkings
5
Area
1,113 m²

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