Welcome to your next sub-division, and building opportunity. Located in a quiet, private cul-de-sac, and just a few minutes to the water in Wellington Point. Frederick street in the heart of Wellington Point, houses some brand new stunning residences filled with happy families, established Jacarandas and Poincianas line the quiet streets, and the are superb schools, ample shopping, and quality dining options available. The latest Corelogic Stats for Wellington Point are available, and shows Wellington Point had a March 2024 median price of $1,070,000. As land becomes rarer, this is a clever opportunity for an experienced developer / builder, or first time investor looking to make money now or hold for superb capital growth. For the younger builders, if you are wanting to split the block, build, and live in one home, this is a way to get into the market now. A snapshot of the property include: - 910m2 block, perfect for building one or two homes - Cul-de-sac street - family friendly - The property is already on two lots and one title - The house can be removed (the home is in need or repair if you are looking to keep it) * Please do your own research - The Develo report is available) - Prestigious street with plenty of million dollar homes recently built - Highly sought-after, family friendly location - Close to transport including bus, transport - Close to Wellington Point lighthouse (just a few minutes away) - A few minutes drive to everything you need to enjoy a relaxed, hassle free life How to purchase? Final offers received by Saturday 18th May 5pm, if not sold prior. For more information, please contact Jake Dwyer on 0423 733 882 Disclaimer: Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.