Block of Units for sale

Block of Units in Kingscliff, NSW

8 4 0


• Located within the beachside/esplanade commercial zone of Kingscliff, this property gives you and your buyers easy direct access to the esplanade's hub BUT priced at a considerable discount from the esplanade commercial properties on Marine Parade, located less than a block away.
• 540m2 zoned B4 Mixed Use which under the current 2014 LEP, includes mixed Commercial and Residential uses.
• Height of up to 13.6m provides opportunity for a minimum of 4 above ground levels (and possibly more).
• Dual street access - front street facing for retail foot traffic access plus rear lane for separate vehicle access.
• Wide range of possible uses which could involve (combinations of) retail, restaurant, café, office, accommodation, hostel, residential, medical/healthcare
• Meaning a potential layout could involve for example, below ground car parking, ground floor boutique retail, second and third floors mixed office and residential, and fourth floor residential, or a rooftop cafe
• The existing building consists of 4 apartments each on short term residential leases to facilitate the development process but can also be readily converted to longer term business/commercial leases if suitable.
• Average capital gain in Kingscliff (house prices) in last 12 months - 4.6% to 6.6% range
Last updated: 12:14PM on Apr 23rd 2018
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