23 Railway Parade, Belmont.

An incredibly rare offering in a fantastic lifestyle location, 23 Railway Parade, Belmont provides the modern developer with a lucrative opportunity to capitalise on a high-yielding site. Currently occupied by an original cottage that’s tenanted on an expired lease, it holds DA approval for three contemporary townhouses, giving you the green light to move forward at your speed. Set in one the regions highest growth suburbs, the site’s central position lies opposite popular Fernleigh Track and the crystal-clear waters of Belmont Lagoon while boasting effortless access to Belmont’s vibrant shopping precinct, excellent schools, and the Pacific Highway taking you north to Newcastle or south to the Central Coast and Sydney. - Original home on a large landholding with DA approval for 3 townhouses - Currently tenanted at $300 per week on a three-month expired lease - Top location directly opposite Fernleigh Track and Belmont Lagoon - 700m to Belmont Central Shopping Centre, cafes and essential services - An easy walk to Belmont Yacht Club and the recently revamped foreshore If you would like further information on the development application or all documents associated please contact Josh Lloyd.