71 Napoleon Street, Sans Souci NSW 2219

Freestanding on 469m² | DA approved for extension | Flood overlay | Blue-chip coastal pocket | Tightly held street This property presents a rare consolidation of land and permissive zoning in a tightly held coastal suburb. Its substantial 469m² block, with existing development approval, offers immediate flexibility for a buyer to occupy, enhance, or redevelop, a tangible advantage over typical smaller lots in the area. The classic, solid residence serves as a functional holding position, but the primary value is strategic land ownership in a sought-after lifestyle location, ideally suited to a long-term holder, downsizer, or family planning a future renovation. The 1% annual flood probability is a material risk that necessitates specific due diligence, potentially affecting insurance costs and future construction. The established garden and outdoor space offset the compact internal living areas, but any significant upgrade requires capital investment against this flood constraint. Acquire this property for its land bank potential and location, not its existing improvements; hold it as a long-term lifestyle purchase or a strategic redevelopment site, conditional on detailed flood assessment.