46 Main Road, Fingal Head, NSW 2487

  • 6
  • 4
  • 1

Sold

Sold for $2,750,000 (Nov 30, 2021)

SOLD BY JAMIE & JESSE WILMEN

MUCH MORE THAN MEETS THE EYE

On first glance 46 Main Road, Fingal Head looks like an older house on a generous block of land. Others confuse it with a block of land next to an old house.

Be pleasantly surprised when advised it is all of that and more. At the moment it is a 1012m double block with a large house that was converted into a block of 4 units in a bygone era (2 × 1 and 2 × 2 bed). Pre-existing usage rights now prevail.

That being established, the versatile site now provides options galore for prospective purchasers, all subject to council approval. see potential below;

• Don’t do anything, set and forget. In the current market the units could achieve up to $70,000pa

• Renovate the units to improve your yield (STCA). Hold the land as an investment

• Knock down the units and subdivide into 2×506m sites in keeping with Main Road

• Build on one or both sites. Sell one, keep the other, sell both

• Build your dream beachside home across the entire block



  • Dual street frontage, 4 duplexes, each with own street access

    Fingal Head is one of the most highly desired locations on the East Coast. Consider this as entry level into the coastal village. Single block prices start at 1.6 mill and above. With genuine sellers afoot we are seeking offers for a prompt sale. To request additional information or to schedule an onsite inspection please contact Jamie Wilmen at Raine & Horne, Tweed Coast.

    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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Principal/Licensee in Charge
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Sales Manager

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Property Info:
  • Property ID: L16039368
  • Property Type: BlockOfUnits
  • Garages: 1
  • Land Area: 1012.0 sqm