FOR SALE
AUCTION Postponed - Open To Offers

124 Macquarie Grove
Caves Beach NSW 2281

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 600m2
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Auction Time
Sat 6 Jul 3:00 pm
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No upcoming inspections scheduled.
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Renovate or Detonate, Just Don't Procrastinate! Prized Corner Block, Development Potential, North Facing Yard, So Close To The Beach & Cafes!

This isn't just any old property, it's an especially rare find in a coveted location.
You know what we are going to say next because it's the biggest cliche in the business, but it's true, this is a "LOCATION, LOCATION, LOCATION" property!
It's definitely not the prettiest property in town, but it's right in the sweet spot, literally a short stroll to the beach, Caves Beach Surf Club's patrolled sand and surf, with gorgeous cafes, restaurants, hotel and everyday shops and conveniences.
The home has been in the family since the initial build and has seen the town of Caves Beach transform around it. Internally the home has kept an original design and presentation with three beds to the upper level, kitchen, bathroom and large living area that walks out to the wrap around veranda.
The lower level of the home has been used as separate living quarters with fourth bedroom and combined laundry and bathroom.
Oversized garaging and workshop complete the lower level of the home where tools, cars and all the toys have held their place over the years. With the deck doubling up as a carport.
Promising potential plus, builders will love the bones, cosmetic surgeons/renovators and weekender buyers will froth on the layout, with open plan living and kitchen up top, 50kg max capacity front and back decks ;) offer inspirational extension opportunities.
There's also the potential to build a stylish new duplex, where you can live in one and sell the other to help pay for your new home and fund your dream lifestyle. Or if you can work with the existing bones and extend or knockdown and rebuild the ultimate coastal beach house on the entire block.
Alternatively you could live in one and rent the other permanently or as a weekender, providing you with an income in your retirement years.
If you can afford to hold onto both, this will be a location that will only grow in value and pay dividends in the future, securing a steady income until you're ready to settle down or retire in this idyllic location.
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Property Details for 124 Macquarie Gr, Caves Beach

124 Macquarie Gr, Caves Beach is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 600m2. The place is currently for sale with Sold Real Estate.

Building Type
House
Land Size
600m2

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About Caves Beach 2281

The size of Caves Beach is approximately 2.6 square kilometres. It has 7 parks covering nearly 27.4% of total area. The population of Caves Beach in 2011 was 3,935 people. By 2016 the population was 4,053 showing a population growth of 3.0% in the area during that time. The predominant age group in Caves Beach is 50-59 years. Households in Caves Beach are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caves Beach work in a professional occupation. In 2011, 78% of the homes in Caves Beach were owner-occupied compared with 80.4% in 2016.

Caves Beach has 1,974 properties.

    There are currently 31 properties listed for sale, and 6 properties listed for rent in Caves beach on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Caves beach.

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    Ben Casey
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