Blue Chip Dual Use Property in Cabarita Beach CBD

* Prime corner position with a holding income in the heart of Cabarita Beach!
* 563m2 residential block with downstairs commercial use
* Duplex/townhouse development site (STCA)
* Ocean views and cool breezes from various aspects
* 3 Bedroom apartment upstairs, reception and multiple offices downstairs + enclosed shed for boat/caravan
* Previous $65,000 PA income (downstairs on a long term-lease and upstairs is vacant)

Enjoy blue views and cool ocean breezes from the verandah of this classic beachside cottage. Steps to all the Cabarita village has to offer!

This blue chip property represents a unique opportunity for the boutique developer, investor or down sizer seeking a sea change with passive income downstairs.

A light filled, spacious three bedroom, one bathroom apartment with ocean views occupies upstairs. Featuring original timber floors with an updated kitchen and bathroom.

Downstairs has been completely renovated with a Chiropractic leasing the space.

The block is zoned R2 low density residential. However, due to its proximity to the business zone, town planning allows for future development (STCA).

Interest will be high so please get in touch with Brent Savage today for more information or to arrange a viewing.

overview

  • 1P0871
  • $ 3,200,000
  • House
  • Sold
  • 32 Tweed Coast Road Cabarita Beach NSW
  • 6
  • 3
  • 1
  • 562 sqm
  • 1
  • $5,450 Per Year