39
Orient
Street
kingscliff
NSW,
2487
Sold for $1,310,000
SOLD BY EMMANUEL VOINOT
Located 500m to the shops, alfresco dining, pristine Cudgen estuary and a further 200m to "Dreamtime Beach", this unique Kingscliff Hill property sits on a 677m2 medium density lot with 2 street frontage.
The multiple dwellings on offer would suit an extended family or an investor looking to take advantage of the very strong Kingscliff rental market, already under immense pressure even before the Kingscliff Hospital and its 2,500 staff look for accommodation locally! (scheduled to be completed in 2023)
There is the option to live in one of the dwellings and rent the others out, or redevelop taking advantage of the medium density zoning (units, townhouse, duplexes).
Good ocean views could be obtained from a 3rd level if taking full advantage of the 9m height limit. The 2 street frontage adding many design options.
The main building consists of a 2 level house split into 2 approved 3 bedroom fully self contained homes with individual access:
Ground level Orient Street: (Rental potential $475-$525)
• 3 bedrooms
• 2 living areas
• Combined bathroom/laundry
• Large undercover areas
Upper level Orient Street: (Rental potential $475-$525)
• 3 bedrooms
• Very large bathroom/laundry
• Large wrap around deck/covered outdoor area
Detached Studio/garage Orient Lane (Rental potential $350-$400)
• Large bedroom
• Living room kitchen
• Double garage
Other improvements include a tandem carport, a single carport and a garden shed.
There is a fully fenced yard between the 2 buildings and room for off-street parking for boats or caravans if required.
Agents
Nearby Schools
About kingscliff
median house price
1810000median house rent
1050suburb rental yield
3.0%Similar Properties
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.