SUMMARY
"UNRIVALLED HILL POSITION - UNIQUE DEVELOPMENT OPPORTUNITY"
DESCRIPTION
An absolute exclusive opportunity to acquire one of Kingscliffs rarely available iconic properties.
The subject address is arguably the only available or upcoming AAA development site, with dual street access, to Hungerford Lane and Sutherland Street.
The R3 Medium zoning allows for a mixed residential development (subject to approval). The opportunity available to the market will offer the incoming buyer an opportunity to enjoy a short or midterm income from three separate tenants, whilst they master plan a future development program, which could be staged onsite.
Simply purchase to enjoy a beautiful coastal lifestyle atop the hill, which offers sweeping views of the coastline from Fingal through to Cudgen Creek and surrounds. Designed to offer flexibility, this wonderful holding will also suit a home occupier looking for a trophy beachside asset, with extra income from tenants downstairs, or an astute investor looking to take advantage of a truly rare opportunity with the site currently being 100% lease.
Are you looking to own your dream beachside location with extra income ? If so, this will also tick all your boxes !!
The first floor 3 bedroom apartment offers a large open planned living room with priceless views out to the mountain ranges in the west and an eastern, large balcony overlooking the Pacific Ocean and Cudgen Creek.
The total holding is currently returning almost $960 per week and is on a periodic lease agreement to long term tenants. Unlock the development potential or consider securing a longer term lease arrangement, the choice is yours.
The subject site is zoned R3 Medium Density Residential, zoning pursuant to the Tweed Local Environmental Plan 2014. The zoning permits a range of residential uses, opportunities to subdivide the land or build up to six (6) dwellings, subject to development consent.
LJ Hooker Kingscliff are delighted to present 36 Sutherland Street, Kingscliff to the market.
- Two street access (Hungerford Lane/Sutherland Street)
- 682.9 sqm site area - R3 Medium Residential zoning (9m height)
- Iconic re development site or long term freehold tenure
- Five bedroom classic freestanding beachside unit complex (3 units)
- 100% leased investment
- Unlock significant development potential
- Enjoy holding income from settlement
For more information please contact Nick Witheriff or Carol Witheriff (LJ Hooker Kingscliff)Australia,
36 Sutherland Street,
KINGSCLIFF,
NSW,
2487
36 Sutherland Street KINGSCLIFF NSW 2487An absolute exclusive opportunity to acquire one of Kingscliffs rarely available iconic properties.
The subject address is arguably the only available or upcoming AAA development site, with dual street access, to Hungerford Lane and Sutherland Street.
The R3 Medium zoning allows for a mixed residential development (subject to approval). The opportunity available to the market will offer the incoming buyer an opportunity to enjoy a short or midterm income from three separate tenants, whilst they master plan a future development program, which could be staged onsite.
Simply purchase to enjoy a beautiful coastal lifestyle atop the hill, which offers sweeping views of the coastline from Fingal through to Cudgen Creek and surrounds. Designed to offer flexibility, this wonderful holding will also suit a home occupier looking for a trophy beachside asset, with extra income from tenants downstairs, or an astute investor looking to take advantage of a truly rare opportunity with the site currently being 100% lease.
Are you looking to own your dream beachside location with extra income ? If so, this will also tick all your boxes !!
The first floor 3 bedroom apartment offers a large open planned living room with priceless views out to the mountain ranges in the west and an eastern, large balcony overlooking the Pacific Ocean and Cudgen Creek.
The total holding is currently returning almost $960 per week and is on a periodic lease agreement to long term tenants. Unlock the development potential or consider securing a longer term lease arrangement, the choice is yours.
The subject site is zoned R3 Medium Density Residential, zoning pursuant to the Tweed Local Environmental Plan 2014. The zoning permits a range of residential uses, opportunities to subdivide the land or build up to six (6) dwellings, subject to development consent.
LJ Hooker Kingscliff are delighted to present 36 Sutherland Street, Kingscliff to the market.
- Two street access (Hungerford Lane/Sutherland Street)
- 682.9 sqm site area - R3 Medium Residential zoning (9m height)
- Iconic re development site or long term freehold tenure
- Five bedroom classic freestanding beachside unit complex (3 units)
- 100% leased investment
- Unlock significant development potential
- Enjoy holding income from settlement
For more information please contact Nick Witheriff or Carol Witheriff (LJ Hooker Kingscliff)Residence For SaleHouse 24 1 Fingal Road FINGAL HEAD NSW 2487
$495 wk
PET FRIENDLY HOUSE WITH IDYLLIC WATER SETTING!$495
(per week)
More than 1 month ago
FINGAL HEAD
,
NSW
15 8 Barrel Street KINGSCLIFF NSW 2487
FORTHCOMING AUCTION - VENDOR SAYS SELL
READY TO BUILD IN DRESS CIRCLE LOCATIONFor Sale
More than 1 month ago
KINGSCLIFF
,
NSW
25 236 Old Lismore Road BYANGUM NSW 2484
$1,550,000 - $1,600,000
DUAL LIVING COUNTRY STYLEFor Sale
More than 1 month ago
BYANGUM
,
NSW
YOU MAY ALSO LIKE
25 85 School Road BAYLES VIC 3981
$1,550,000 to $1,650,000
19.15 Acre Equine Property – Ideal for Horse EnthusiastsFor Sale
29 minutes ago
BAYLES
,
VIC
7 4/31-33 Fourth Avenue CAMPSIE NSW 2194
Price Guide $600,000 - $630,000
Spacious Sunny Modern Apartment in a Great Location!For Sale
31 minutes ago
CAMPSIE
,
NSW
11 8/8-10 The Avenue HURSTVILLE NSW 2220
Contact Agent
Position Perfect with Lifestyle ConvenienceFor Sale
31 minutes ago
HURSTVILLE
,
NSW
13 3 Dangar Street BELMONT QLD 4153
Offers Over $1,050,000
Pretty Lowset with studio in perfect location!For Sale
31 minutes ago
BELMONT
,
QLD
11 24 Down Street ESK QLD 4312
FOR SALE
Jasmine House - OPEN HOME Saturday 28 September 11.00am to 11.30amFor Sale
31 minutes ago
ESK
,
QLD
23 16 Golden Rain Place STRETTON QLD 4116
Auction
An Expansive Elegant EntertainerAuction
32 minutes ago
STRETTON
,
QLD
21 ID:21140154/22 Merivale Street South Brisbane QLD 4101
Offers Over $750K
Stunning City & River Views in the Heart of South Brisbane!Contact Agent
42 minutes ago
South Brisbane
,
QLD
20 43 Ibis Circuit FOREST LAKE QLD 4078
Auction
Beautiful Lowset in Parkland Pocket of Forest LakeAuction
1 hour ago
FOREST LAKE
,
QLD