1 & 2/41 Bogan Road, Booker Bay, NSW 2257

Positioned in one of the Central Coast's most tightly held coastal pockets; 1 & 2/41 Bogan Road, Booker Bay presents a rare and highly considered development opportunity with DA approval already secured for three architecturally designed townhouses. This property is CC ready with all drawings done and ready to commence subject to payment of development contribution.

Set on a 787.6sqm site in a premium beachside location only 200m walk to the beach. This approved development comprises:

2 x four-bedroom townhouses
1 x three-bedroom townhouse
Two of the three designs include ground-floor bedrooms, catering perfectly to downsizers, families and multi-generational living buyers
Rear townhouse complete with private plunge pool and expansive outdoor entertaining space

The current property consists of two strata-titled villas, opening the door for flexible purchasing options including joint venture or dual purchaser opportunities. Both villas are currently leased to excellent tenants, with providing immediate holding income.

Importantly, the project has been thoughtfully designed with economical construction in mind, including cost-saving considerations to streamline the build process and maximise profitability. The owner advises significant savings have already been achieved through practical engineering and footing design solutions.

The standout rear four-bedroom townhouse, featuring its own plunge pool, is expected to achieve a premium resale result, further enhancing the project's development appeal and potential returns.

Located moments from Booker Bay waterfront, Ettalong Beach village, cafés, restaurants, cinema and Palm Beach ferry access, this is a prime opportunity to capitalise on the continued growth and demand for quality coastal housing on the Peninsula.

Property highlights:

- DA approved for 3 architecturally designed townhouses
- Comprising 2 x 4-bedroom and 1 x 3-bedroom residences
- Two townhouse designs include ground-floor bedrooms
- Rear townhouse includes private plunge pool
- Existing site currently improved with 2 strata-titled villas
- Flexible ownership and development potential
- Both villas leased to excellent tenants
- Development designed with economical construction considerations
- Premium Booker Bay location moments to beaches, cafés and ferry access
- Strong buyer demand for quality townhouse living in the Peninsula market

Whether you're a developer, builder, investor or strategic landholder, this is a turnkey coastal development opportunity with holding income, approved plans and strong projected end values already in place.

A rare chance to secure a high-potential project in one of Booker Bay's most desirable lifestyle locations.

Type

Terrace

Bedrooms

5

Bathrooms

2

Parkings

2

Area

800 m²

House Size

110 m²