59 Cinnabar Dr, Eglinton is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 853m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Cleverly designed and positioned on a HUGE 853sqm (approx) CORNER block of coastal land, this large family home was built with the thought of one day potentially subdividing and adding a second residence.
Are you looking for an opportunity to buy a home with extra investment and development potential?
Welcome to 59 Cinnabar Drive, Eglinton. This gorgeous property is well located in a growing family community with an abundance of parks, amenities, services, schools (the owner has advised that the property falls within the catchment zone of the very popular Alkimos Beach Primary School) and of course the pristine Indian Ocean, all near by.
Main features of the family home include:
- Four Generous sized Bedrooms.
- Two Modern Bathrooms, with double basin vanities to ensuite.
- Home theatre room with double doors near the front entry.
- Separate children's activity play room behind the dining area.
- Modern kitchen featuring extra wide stainless steel cooktop and oven, plus dishwasher, walk in scullery and island bench with breakfast bar.
- Spacious main family room with views out over the large back yard and garden.
- Fabulous alfresco area.
- Built in feature cabinets to entry for additional Storage.
- Internal access through the double remote garage
- High ceilings and quality lighting throughout
- Side vehicle access for additional parking or to potentially utilise as entrance for future second dwelling (subject to council and district approvals)
This is a large, modern family home that offers so much more future potential.
Currently leased until December 2020, there may be an opportunity here for a savvy investor to act quickly. The tenant has expressed her joy in living in the house and is disappointed not be in a position to buy it herself right now.
The owners had initial draft concept plans drawn up to fit a second dwelling on the property (see photos), but have not taken it any further. All potential subdivisions and future development proposals would be subject to council approval. Due diligence recommended. No approvals or guarantees provided by the seller or sellers agent.
This property is unique and certainly offers MUCH more that a standard home.
Eglinton is a suburb that is growing quickly in demand, especially as the northern corridor (including Shorehaven, Alimos Beach and more) continues to expand and develop. Shops, schools, cafes, parks and so much more all within easy access, and of course the pristine Indian Ocean just down the road.
If you're looking for that rare opportunity, then please contact David on 0428 814 407 to discuss your interest.
Viewings welcome by private appointment only. Thank you.
The size of Eglinton is approximately 15 square kilometres. It has 7 parks covering nearly 21.7% of total area. The population of Eglinton in 2011 was 738 people. By 2016 the population was 1,682 showing a population growth of 127.9% in the area during that time. The predominant age group in Eglinton is 20-29 years. Households in Eglinton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eglinton work in a trades occupation. In 2011, 80.5% of the homes in Eglinton were owner-occupied compared with 76.5% in 2016.
Eglinton has 4,544 properties. Over the last 5 years, Houses in Eglinton have seen a 122.58% increase in median value, while Units have seen a 5.82% increase. As at 31 July 2024:
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