1 Wallace Street, Mollymook, NSW 2539

Price on request

House
Type
3
Bedrooms
2
Bathrooms
2
Parkings
835 m²
Area

Published on Friday, July 24, 2026 ( See property details for 1 Wallace Street, Mollymook, NSW 2539)

Price on request

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare coastal opportunity in Mollymook Beach offering ocean views, substantial land, and exciting development potential in a highly sought-after location.

🏡 Property Highlights

  • Prime 835sqm corner allotment in Mollymook Beach’s prestigious enclave
  • Beautiful ocean views from the north-east facing deck
  • Solidly built circa 1971 home with exceptional bones and original timber floorboards
  • Outstanding development potential for luxury duplex or multi-residence (STCA)
  • Short stroll to Mollymook Beach, cafés, golf courses, and local amenities
  • Versatile property suitable for renovation, redevelopment, or luxury residence

✨ Key Features

  • Waterfront / Views
  • Outdoor Area
  • Open-Plan Living
  • Home Office / Study
  • Garage
  • Outdoor Area / Balcony
  • Built in robes
  • Ceiling Fans
  • Security Screens / Gates
  • Double lock-up garage

Mollymook Beach is a highly sought-after coastal suburb renowned for its pristine beaches, world-class golf courses, and vibrant dining scene. The area offers a relaxed lifestyle with easy access to Ulladulla CBD, boutique shopping in Milton, and stunning ocean vistas. Its prestigious reputation makes it ideal for luxury living, investment, and development opportunities, all within a short walk to the beach and local amenities.

What are the potential uses for this property?
The property can be renovated into a luxurious coastal residence, or developed into a duplex or multi-residence complex, subject to council approval.
What is the condition of the existing home?
The home is a solidly built circa 1971 residence with original timber floorboards and generous proportions, offering a renovator’s delight with significant scope to add value.
How close is the property to local amenities?
The property is approximately 400 metres from Mollymook Beach, with easy walking access to cafés, restaurants, golf courses, and the surf club. Ulladulla CBD is five minutes away, and Milton is just seven minutes by car.
Are there any restrictions or approvals needed for development?
Any development, such as a duplex or multi-residence, would require council approval and compliance with local planning regulations.
What views does the property offer?
The property captures beautiful ocean views from the north-east facing deck, ideal for enjoying morning sunshine and sea breezes.
Are there any existing easements, covenants, or zoning restrictions affecting the property’s development potential? Has the property been tested for flood or bushfire risks? Are there any known issues with the foundation, timber floorboards, or structure that may require repairs? What are the council requirements and approvals needed for building or redevelopment? Are there any upcoming planning or development proposals in the area that could impact the property’s value or character?

1 Wallace Street, Mollymook, NSW 2539 - More Details

Price on request

Type
House
Bedrooms
3
Bathrooms
2
Parkings
2
Area
835 m²
House Size
249 m²

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