16 Wallace Street, Mollymook, NSW 2539

Price Guide $1,450,000 - $1,595,000

House
Type
3
Bedrooms
1
Bathrooms
753 m²
Area

Last updated on Friday, May 01, 2026 ( See property details for 16 Wallace Street, Mollymook, NSW 2539)

Price Guide $1,450,000 - $1,595,000

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A versatile coastal property in Mollymook offering renovation potential on a spacious 753sqm block just minutes from the beach and local amenities.

🏡 Property Highlights

  • Prime beachside location just 250m from Mollymook Beach
  • Large 753sqm private block ideal for redevelopment
  • Potential for renovation or redevelopment with STCA approval
  • Zoned R2 Low Density Residential suitable for dual occupancies
  • Original condition 3-bedroom cottage with renovation potential
  • Close proximity to cafes, shops, and Mollymook Golf Club

✨ Key Features

  • Open-Plan Living
  • Outdoor Area
  • Built-in Robes
  • Waterfront / Views
  • Low-Maintenance Yard
  • Secure Parking
  • Pet-Friendly
  • Internal Laundry
  • Ceiling Fans
  • Waterfront / Views

Mollymook is a highly sought-after coastal suburb renowned for its pristine beaches, vibrant local cafes, and world-class golf courses. The area offers a relaxed lifestyle with excellent amenities, making it ideal for both holidaymakers and permanent residents. Its proximity to the beach and scenic coastal walks provides a perfect backdrop for outdoor activities. The community is friendly and welcoming, with a strong focus on outdoor living and leisure. With ongoing development and a strong rental market, Mollymook presents a compelling opportunity for investors and homeowners alike.

What are the renovation possibilities for this property?
The property offers significant potential for renovation, allowing you to update the existing cottage or explore redevelopment options subject to council approval.
Is the property suitable for dual occupancy or semi-detached dwellings?
Yes, the zoning (R2 Low Density Residential) permits dual occupancies or semi-detached dwellings, subject to council approval.
What is the condition of the property?
The property is in original condition, providing a blank canvas for renovation or redevelopment to suit your needs.
Are there any planning restrictions or approvals required?
Development will require approval from local council, particularly for redevelopment or dual occupancy plans, in accordance with zoning regulations.
What amenities are nearby?
The property is close to shops, cafes, Mollymook Golf Club, and just a short walk to the beach, offering a convenient coastal lifestyle.
Are there any existing planning or building restrictions that could affect redevelopment plans? Has the property been affected by any flooding or bushfire risks? Are there any easements, covenants, or zoning restrictions on the land? What are the potential costs involved in renovating or redeveloping the property? Is there any history of structural issues or defects with the cottage? Are there any upcoming council or community developments in the area that could impact the property? What are the strata or community title considerations, if applicable? Are there any noise or neighbour-related concerns in the vicinity? Is the property compliant with all local building codes and regulations? Are there any hidden costs or fees associated with the property purchase or development?

16 Wallace Street, Mollymook, NSW 2539 - More Details

Price Guide $1,450,000 - $1,595,000

Type
House
Bedrooms
3
Bathrooms
1
Area
753 m²

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