107 Derwent Ave, Lindisfarne is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1951. The property has a land size of 1335m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
In a perfect location on the Eastern Shore, with sweeping views over the mountain, river, city, and bridge this is a premium spot for new townhouses or expansive family home. Approved DA for two townhouses this fantastic development opportunity is an absolute no brainer. Plans for two very generous and luxurious townhouses approved by the council, whilst retaining the original, and surprisingly spacious 1950's weatherboard home.
The land is a gently sloping allotment of 1335m2 and benefits from a stunning panoramic outlook and an ideal locale, just a short walk to Lindisfarne Village, the waterfront, schools, shops, and cafes.
The existing dwelling offers spacious open plan living with large glass sliding doors allowing for stunning views and an abundance of light into the home. The modern kitchen provides quality appliances and ample storage and bench space. Flowing off the living space is a large deck, sun-soaked and ideal for entertaining.
Accommodation is provided by three generous bedrooms, the master offering a huge walk-in robe. The home is serviced by a family bathroom with shower over bath, vanity, and separate toilet.
Offering a terrific opportunity for developers and builders to take advantage of a no-risk, high demand development opportunity in a prime location for premium townhouses. Of course, the home itself could also be extended or further renovated and a large family abode on a block of this size would be something quite special as well. For a copy of the well designed and thoughtful set of DA approved plans or for a discussion around potential resale of these dwellings once completed, please get in touch.
Fantastic development opportunity on 1335m2 in premium location
DA approved plans for two townhouses whilst retaining the current home
Luxurious and perfectly designed homes by Pinnacle
Gently sloping block with stunning city, mountain, and river views
Very neatly presented and spacious three-bedroom home
Modern kitchen and sun-drenched open plan living
Large sundeck and great easy-care yard
Reverse cycle heat pump for climate control
Proximity to schools, shops, cafes and walking tracks
Rent appraisal $550pw
The size of Lindisfarne is approximately 6.9 square kilometres. It has 8 parks covering nearly 25.0% of total area. The population of Lindisfarne in 2016 was 6179 people. By 2021 the population was 6639 showing a population growth of 7.4% in the area during that time. The predominant age group in Lindisfarne is 30-39 years. Households in Lindisfarne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lindisfarne work in a professional occupation.In 2021, 70.00% of the homes in Lindisfarne were owner-occupied compared with 71.30% in 2016.
Lindisfarne has 2,849 properties. Over the last 5 years, Houses in Lindisfarne have seen a 29.60% increase in median value, while Units have seen a 36.83% increase. As at 30 November 2025:
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