30 Paringa Avenue Davistown NSW 2251

30 Paringa Avenue presents a rare chance to secure a prime mixed-use investment in
the tightly held coastal suburb of Davistown. Set on a generous 1,140 square metre
landholding, this property delivers immediate income from a mix of four commercial
tenancies and one residential unit, while offering exceptional scope for future
development, subject to council approval.
Ideally positioned within a vibrant residential community, the property enjoys strong
local support, minimal nearby commercial competition and a reliable customer base.
Its E1 Local Centre zoning under the Central Coast LEP 2022 allows for a wide range of
uses and potential development outcomes. With a height limit of 8.5 metres and a floor
space ratio of 0.75:1, the site is well suited to value-adding enhancements, including the
construction of additional dwellings above the retail component.
Located in the heart of Davistown, a tightly held and picturesque waterfront suburb, the
asset is underpinned by growing demand for coastal living and convenience-based retail.
This is a rare opportunity to secure a quality freehold investment with both solid holding
income and genuine longer-term development potential in one of the Central Coast's
most desirable locations.
Disclaimer: All information is approximate.