54 Lincoln Hwy, Cowell is a 3 bedroom, 2 bathroom House with 6 parking spaces and was built in 1990. The property has a land size of 33380m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in December 2002.
RARE DEVELOPMENT OPPORTUNITY
A one-of-a-kind opportunity awaits. Situated in the popular seaside township of Cowell is this rare prospect to purchase a house and land package that has endless prime development possibilities.
54 Lincoln Highway is a huge 7.3 acre corner allotment, that currently has a stylish 3 bedroom house, large shed, carport, workshop, and tanks setup over approx. 1.8 acres. Leaving a potential 5.5 acres to be subdivided with possible driveway access via the Lincoln Highway and Schumann Road.
Developers will be in a unique position with the affordability to create larger than usual sized town allotments for re-sale or to develop their own housing like estate and take advantage of the high local rental demand.
Investors wishing to purchase a very well-presented house with excellent improvements, also knowing of their potential to sell off sections of land in the future, will also have their eye closely on this amazing opportunity.
Upon entry via the very private driveway is a hidden gem. The three bedroom home features a standout spacious master bedroom with excellent size ensuite and walk-in-robe. The recently renovated kitchen is first-rate and comes with a double sink, new Smeg 4 burner gas top stove and electric oven, large fridge space, eye catching cupboards and benchtops. Cooking enthusiasts will love the butler's pantry which is well laid out and easy to utilise.
An open dining and living area connects the kitchen and lounge, which is perfect for entertaining guest or a family spending time together. A combustion fire provides warmth throughout the whole house. The lounge room is of excellent size and has a split system air-conditioner and ceiling fan to provide extra comfort.
A stylish, well presented, and luxury home is further complemented by a large 8m x 7.5m enclosed and paved outdoor entertainment area. A well maintained solar system supports the house and gives peace of mind to daily energy usages.
The new fully concreted and powered 4 bay shed, with 3 sliding doors, provides the perfect storage place for extra vehicles, boats, caravans, or motorhomes. An attached carport offers an easy to access and weather protected parking space for the family car. If this wasn't enough storage or workshop space, you will love the additional concreted garden shed and separate workshop that comes fully plumbed.
For those who love the outdoors and enjoying the fresh air, the pristine landscaping surrounding the house comes with a fully automated watering system. Adding value for money is the large vegetable garden area that has the potential for fruit trees and a poultry yard. Sheltered firewood storage units for the winter months also provide great convenience.
A very important feature to the house is the Hydrosmart water conditioner that has been installed and provides saline free water to the house and garden. A 9000L rainwater tank provides the ensuite with an endless supply, while a further two 15,000L tanks supply the remaining house.
Elders Real Estate and acting agent Nick Schumann are privileged to be presenting 54 Lincoln Highway for Auction on site at 11am on Friday 20th January 2023 (if not sold prior).
Please call Nick 0428 383 833 with any inquires or for an inspection. Open inspections will be advertised closer to the Auction date.
The size of Cowell is approximately 635.4 square kilometres. It has 16 parks covering nearly 4% of total area. The population of Cowell in 2011 was 1,069 people. By 2016 the population was 1,130 showing a population growth of 5.7% in the area during that time. The predominant age group in Cowell is 60-69 years. Households in Cowell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cowell work in a managers occupation. In 2011, 73.3% of the homes in Cowell were owner-occupied compared with 70.9% in 2016.
Cowell has 1,017 properties. Over the last 5 years, Houses in Cowell have seen a 98.24% increase in median value, while Units have seen a -27.77% decrease. As at 31 October 2024:
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