FROM FRONT DOOR TO BEACH
An extremely rare opportunity to secure a prime site in the tightly held Cabarita Beach precinct opposite Norries Headland has come to light. A one minute stroll across the road will have you enjoying the local surf, or morning walk along the long stretches of Cabarita Beach.
This truly unique location is as close to beachfront as you can get without being beachfront. The corner site enjoys a large frontage allowing many building design opportunities, with medium density unit zoning and a 13.6 metre height entitlement. Design your project to capture ocean hinterland panoramas (STCA). Currently improved with 2 tenanted 3 bedroom flats, each with own fenced yard earning good holding income.
With the area enjoying enormous capital growth, this opportunity represents a gilt-edge investment for the astute buyer, while providing a beach lifestyle second to none. Cabarita Beach has been recently voted the number one beach in Australia and the small coastal village constantly features in the top 20 real estate hot spots in the land.
For any additional information please contact Jamie Wilmen or Jesse Wilmen at Raine & Horne Pottsville/Cabarita Beach.
DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
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|R&H Suburb Summary||Houses|
|Number of sales||40|
|Median Rental Price||$800 p.w.|
|Change in Rental Rate (5yr)||63 %|
|R&H Suburb Summary||Units|
|Number of sales||37|
|Median Rental Price||$723 p.w.|
|Change in Rental Rate (5yr)||88 %|