87 Thompson Street, Woonona NSW 2517

DA-approved dual occupancy on 1072sqm | wide side access | coastal Woonona pocket | live-in now, develop later This property presents a rare combination of immediate livability and development optionality. The DA for two Torrens title residences on a 1072sqm parcel with wide frontage and side access is the primary competitive advantage, offering a buyer the ability to hold a move-in-ready house while securing future subdivision potential in a constrained coastal market. The single-level brick home with high ceilings and timber floors serves well for families or downsizers seeking a low-maintenance base, while the generous backyard and multiple sheds add functional space for storage or hobbies. The location in a quiet pocket near schools, beaches, and transport strengthens its appeal for owner-occupiers or investors targeting long-term capital growth. The principal risk is the absence of a public price guide, which may indicate a premium expectation tied to the DA approval. Buyers should verify the DA’s expiry date, conditions, and any council-imposed constraints that could affect yield or timeline. The single bathroom is a limitation for family buyers, though not a deal-breaker given the development upside. The property suits a buyer with patient capital who can occupy or rent the existing house while the subdivision path matures. Hold as a dual-income property post-development, or sell one lot to recoup cost while retaining the other.