Off-market R3 site, Bomaderry NSW. Purchased $720k, comparables $760k+. Negotiated 6-month delayed settlement. Strategy: retain existing dwelling, develop 7 townhouses on rear land. R3 Medium Density zoning confirmed pre-purchase. Site never listed publicly. Shoalhaven coastal market, strong rental demand. Equity created at purchase before development begins. https://www.realestate.com.au/property/7-coomea-st-bomaderry-nsw-2541/
