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246 Marine Parade
kingscliff
NSW, 2487

SOLD

Sold for $3,850,000

listing rooms 5
listing bathrooms 3
listing parking 4
Land: 872 sqm

Prime 872m2 Beachfront development block with large dual living 1950's home

Located across the road from Kingscliff's "Dreamtime Beach", this site is one of Marine Parade's last beach front opportunities to either live in or develop.
This large lot offers the potential to build 6-7 apartments over 3-4 levels (STCA) with recent average sales prices exceeding $2mil per apartment.
• 2 street frontages (Marine Parade and Kingscliff Lane)
• 872.6m2 (22.12 wide X 39.19/39.7 deep)
• R3 Medium density zoning with a 13.6m height limit
• 1.5km to shops and alfresco dining
• Ocean views

The current 1950's home (extended 1982) is fully approved & requires some TLC featuring:
• Hardwood timber floors & frames
• Massive living areas, soaring ceilings
• 3 bedrooms 2 bathrooms separate toilet and laundry on upper level
• Main bedroom with ensuite bathroom
• Fully self-contained 2-bedroom flat on lower level with separate electricity meter
• Auto double lock up garage
• Near new solar hot water
• Huge fully fenced yard

Build the latest brand-new apartment complex or alternatively restore and enjoy one of the very few Marine Parade homes left.
For further information please contact Emmanuel on 0411214486 or Brent on 0408664758

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About kingscliff

median house price

1805000

median house rent

1050

suburb rental yield

3.0%

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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