Property Details: • Type: House

• Bedrooms: 4 • Bathrooms: 3

Description: This rare 1019sqm (approx.) parcel occupies a prime position along Maroubra's coastal ridge. Set within the Randwick City Council's R2 Low Density Residential zone, the property currently hosts a five bedroom, three bathroom but offers exciting scope for future development. + Oversized coastal block 1019sqm (approx.), the land is one of the largest residential lots in the area. + R2 zoning with luxury duplex potential Randwick Council permits attached dualoccupancy developments on lots of 550sqm or more with a 15m frontage. + With council approval, you could design a pair of sidebyside homes to capitalise on the site's size and aspect. + Elevated position with water & headland views Enjoy panoramic ocean outlooks from your home all day. + Coastal lifestyle - the property sits near Maroubra Beach, placing you close to surf breaks, coastal walking tracks, and the Maroubra shopping village. + Family convenience - zoned for South Coogee Public School and Randwick Girls High School. The existing home The current dwelling comprises five generous bedrooms, three bathrooms and multiple living areas. It presents comfortable accommodation or a rental income stream while you plan your project to re-build or re-design STCA. The home was originally built with love and is all double brick construction, with concrete slabs between all levels and largest basement garage and entertaining area. This home could easily be transformed into an amazing luxury home or redeveloped into a luxury pair of duplexes STCA. Inspect & explore the potential Opportunities to secure such a large coastal block in Maroubra are exceptionally rare. Whether you're dreaming of a bespoke family compound or a stylish duplex development, 298 Malabar Road offers the space and location to make it happen. Contact us today to arrange an inspection and discuss the possibilities.