FOR SALE
TURN 1 BLOCK INTO 3! Buyers Guide $1,750,000

279 The Wool Lane
St Georges Basin NSW 2540

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Land area: 3975m2
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Easily turn 1 block into 3!

Nestled in a tranquil pocket just minutes from the shimmering expanse of St Georges Basin, this exquisite offering is a veritable treasure for discerning investors, budding small-time developers, or families seeking space to bloom. Presenting a freshly renovated abode, this impressive property boasts a grand canvas of 3975 square metres of land, with council approved plans to cut it up into 3 individual lots, providing an array of lucrative opportunities.
The lot sizes are 1321sqms, 970sqms and 1684sqms.
You can choose to keep the lot as is and take advantage of the nearly 1 acre cleared lot or proceed with the council approved plans and finalise the subdivision.
The expansive residence is an epitome of comfort and style, featuring five generously sized bedrooms, all with built-in robes for optimal organisation. The master suite is a sanctuary of luxury, with a walk-in robe, ensuite, and large bay windows framing idyllic views of the surrounding estate. The way the layout is designed caters for a large family but still provides privacy or retreat for parents. Modern living is embodied within the open plan kitchen and dining space, where culinary enthusiasts will revel in the concrete benchtops, premium gas cooking, dishwasher, and sociable breakfast bar.
With comfort in mind, the home is equipped with ducted air conditioning and a slow combustion fireplace, ensuring a cosy ambiance year-round. The main bathroom, centrally positioned for convenience, is complemented by a separate toilet, streamlining daily routines.
Outdoors, the property excels with a sizable undercover area perfect for entertaining, a lock-up garage with studio space featuring plenty of power points and a split system A/C, and a robust shed, not forgetting another shed primed for garden equipment storage. The land is fully fenced, offering privacy and a safe haven for families or retirees and to continue growing your near orchid of fruit trees that are flourishing on the property.
The property is incredibly quiet being a cul-de-sac where all you will hear are the sounds of the native bird life in the surrounds.
Strategically positioned a stone's throw from Vincentia's pristine sands and the culinary delights of Huskisson, this residence is not just a home but a potential goldmine, ready for the astute investor to capitalise on its potential. Embrace the chance to own a slice of paradise, where lifestyle and investment prospects intertwine seamlessly.
Property Code: 288

Property Details for 279 The Wool Lane, St Georges Basin

279 The Wool Lane, St Georges Basin is a 5 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 3975m2. The place is currently for sale with Platinum Property Partners.

Building Type
House
Land Size
3975m2

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About St Georges Basin 2540

The size of St Georges Basin is approximately 46 square kilometres. It has 31 parks covering nearly 2.2% of total area. The population of St Georges Basin in 2011 was 2,631 people. By 2016 the population was 2,928 showing a population growth of 11.3% in the area during that time. The predominant age group in St Georges Basin is 60-69 years. Households in St Georges Basin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in St Georges Basin work in a trades occupation. In 2011, 76.5% of the homes in St Georges Basin were owner-occupied compared with 75% in 2016.

St Georges Basin has 2,028 properties. Over the last 5 years, Houses in St Georges Basin have seen a 56.30% increase in median value, while Units have seen a 43.89% increase. As at 31 August 2024:

  • The median value for Houses in St Georges Basin is $724,728 while the median value for Units is $625,983.
  • Houses have a median rent of $598.
There are currently 48 properties listed for sale, and 8 properties listed for rent in St georges basin on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in St georges basin.

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Jordan Case
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Michael Parmenter
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Platinum Property Partners
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