FOR SALE
E.O.I

1-3 Ozone Street
The Entrance NSW 2261

Bedrooms: 15
Bathrooms: 9
Car spaces: 7
Land area: 1145m2
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Prime Development Opportunity - 45M FRONTAGE, ZONE R3, $150K RENTAL RETURN

Don't miss out on the chance to own two unique properties, spanning a generous 1,145 m² area with a 45m frontage in Zone R3. These properties boast a three-bedroom house and a block of eight units, strategically positioned in a versatile Medium-Density Residential Zone. Whether you choose to continue enjoying the current returns or embark on a future redevelopment, the possibilities are endless.
Tucked away in the heart of The Entrance, it's a mere leisurely walk to the patrolled beach, The Entrance Ocean Baths, and the town center.
Key Features:
-Total Area: 1,145 m²
-Frontage: 45 meters
-Zone: R3 (Medium Density Residential)
-Building: comprises a three-bedroom house and eight flats
-Current Rental Return: $150,000 approx. per year
-Potential Rental Increase: Up to $160,000 per year
This exceptional site is a canvas for your visionary redevelopment plans, offering a rare opportunity that should not be overlooked.
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Property Details for 1-3 Ozone St, The Entrance

1-3 Ozone St, The Entrance is a 15 bedroom, 9 bathroom House with 7 parking spaces. The property has a land size of 1145m2. The place is currently for sale with Marando Real Estate Central Coast.

Building Type
House
Land Size
1145m2

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About The Entrance 2261

The size of The Entrance is approximately 1.6 square kilometres. It has 5 parks covering nearly 15.8% of total area. The population of The Entrance in 2011 was 3,872 people. By 2016 the population was 4,020 showing a population growth of 3.8% in the area during that time. The predominant age group in The Entrance is 60-69 years. Households in The Entrance are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in The Entrance work in a professional occupation. In 2011, 32.8% of the homes in The Entrance were owner-occupied compared with 36.5% in 2016.

The Entrance has 4,339 properties.

    There are currently 46 properties listed for sale, and 30 properties listed for rent in The entrance on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in The entrance.

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    Contact agent
    Michelle Vo
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    Marando Real Estate Central Coast
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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.