140 Alcorn Street, Suffolk Park NSW 2481

Property Details: • Type: House

• Bedrooms: 5 • Bathrooms: 3

Description: Positioned within one of Suffolk Park's most tightly held beachside pockets, this exceptional Alcorn Street holding presents a rare and versatile coastal opportunity. Tucked discreetly behind the sand dunes and framed by wide grassy nature strips, the property enjoys a peaceful, private setting just moments from the shoreline, a location prized for both lifestyle and long-term value. The property currently consists of two well-established, self-contained two-bedroom units, offering immediate rental income and flexibility for investors, owner-occupiers or those seeking dual living. This existing configuration allows the property to perform from day one, while also presenting exciting future potential. Perfectly positioned within a short, level walk to the beach, local café, tavern and shops, this is a rare opportunity that balances current income, lifestyle appeal and future potential in one of Suffolk Park's most exclusive streets. The property also benefits from DA approval for two architecturally designed luxury residences, providing a clear pathway for those wishing to elevate the site into a landmark coastal development. The approved design showcases two contemporary villas of approximately 270m² each, featuring three ensuite bedrooms, private plunge pools and seamless indoor/outdoor living, an option that significantly enhances long-term upside without being a requirement for immediate enjoyment. - Rare DA-approved duplex site on exclusive Alcorn Street - Two existing self-contained two-bedroom units - Strong immediate rental return with dual-living flexibility - Premium beachside position steps from the sand - Approved for two luxury 270m² coastal villas - Existing tenanted duplex with great immediate return - Each villa includes three ensuite bedrooms - Private plunge pool approved for both residences - Contemporary indooroutdoor coastal design - Double garage for each villa - Perfect for dual living or high-yield income - Stroll to beach, café, tavern and shops - Exceptional opportunity to build coastal luxury