FOR SALE
$4,950,000

94 Marine Parade
Kingscliff NSW 2487

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 554m2
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Commercial / Residential Freehold - Heart Of Kingscliff

Land bank this Blue Chip Real Estate prospect with Great returns, Mixed Commercial / Residential whole building for sale, this unique holding is freehold no strata title, On the ground floor there are two large commercial shops currently occupied by the popular Choux Box Cafe secured on long lease until 2031 & Est 1993 Choux Box is Kingscliffs longest running Cafe, A family run Restaurant and Bar nestled in the heart of this popular seaside village.
OPEN HOMES AND INSPECTION TIMES ARE IN NSW TIME.
The entire second floor is occupied by a well presented three bedroom residential apartment with open plan living & Kitchen that expands onto a large front deck via Multi-fold doors with beautiful front row ocean views, The large rear terrace offers a private getaway for drinks with sunset views and rear lane access to the single lock up garage and open car parking accessed from pearl Street Kingscliff.
This building was originally built in Circa 1973
Commercial rent from Choux Box Cafe 2024: $115,915.56 Incl GST
Residential apartment currently leased for $800 per week $41600 per annum - Our current rental appraisal is $1000 to $1050 per week
Total annual return; $157,515.56 Gross with potential to be $167,915.56
Zoned: B4 Mixed Use
Objectives of zone: To provide a mixture of compatible land uses.
: To integrate suitable business, office, residential, retail and other development in accessible locations so as to maximise public transport patronage and encourage walking and cycling.
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Property Details for 94 Marine Pde, Kingscliff

94 Marine Pde, Kingscliff is a 3 bedroom, 2 bathroom BlockOfUnits with 2 parking spaces. The property has a land size of 554m2. The place is currently for sale with Coastal Property Collective .

Building Type
BlockOfUnits
Land Size
554m2

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About Kingscliff 2487

The size of Kingscliff is approximately 6.5 square kilometres. It has 21 parks covering nearly 28.2% of total area. The population of Kingscliff in 2011 was 6,392 people. By 2016 the population was 7,480 showing a population growth of 17.0% in the area during that time. The predominant age group in Kingscliff is 50-59 years. Households in Kingscliff are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kingscliff work in a professional occupation. In 2011, 60.1% of the homes in Kingscliff were owner-occupied compared with 64.6% in 2016.

Kingscliff has 5,535 properties. Over the last 5 years, Houses in Kingscliff have seen a 87.89% increase in median value, while Units have seen a 70.45% increase. As at 31 October 2024:

  • The median value for Houses in Kingscliff is $1,801,048 while the median value for Units is $904,786.
  • Houses have a median rent of $910 while Units have a median rent of $750.
There are currently 72 properties listed for sale, and 21 properties listed for rent in Kingscliff on OnTheHouse. According to CoreLogic's data, 272 properties were sold in the past 12 months in Kingscliff.

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Julian Cleak
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Mason Garten
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Coastal Property Collective
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