Suffolk Park 140 Alcorn Street
Prestigious Beachside Holding
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 StreetTwo existing self-contained two-bedroom unitsStrong immediate rental return with dual-living flexibilityPremium beachside position steps from the sandApproved for two luxury 270m² coastal villasExisting tenanted duplex with great immediate returnEach villa includes three ensuite bedroomsPrivate plunge pool approved for both residencesContemporary indoor–outdoor coastal designDouble garage for each villaPerfect for dual living or high-yield incomeStroll to beach, café, tavern and shopsExceptional opportunity to build coastal luxury
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