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No. 195 and 205 Cams Blvd, is for sale with a $5.5 million price guide.
A RARE double block in tightly held Summerland Point has been listed for sale with a price guide of $5.5 million.
No. 195 and 205 Cams Blvd are currently both owned by the one family, and are being sold by Cathy Maria of Cathy Maria Real Estate — Mannering Park.
The double lot sits right on the waterfront, and includes almost 7ha of land.
The block has already caught the eye of developers, who are considering a build targeting the over-50s market. A number of owner-occupiers are also said to be interested in the block.
The large block has beautiful views over the water.Source:Supplied
A number of storage sheds sit on the block.Source:Supplied
Ms Maria said the tranquil, west-facing lot offered “amazing” views over Lake Macquarie.
“It’s very rare that properties sell in that area anyway — the fact that there’s actually two … makes this very unique,” she said.
The price guide for the lot is more than 11x the average house price in Summerland Point, where the median house price is $490,750.
The average property in the suburb is held for almost ten years.
Originally published as Double block listed for $5.5m