SOLD
Sold on 23 May 2024 for $2,300,000

701 Clothiers Creek Road
Clothiers Creek NSW 2484

Bedrooms: 6
Bathrooms: 3
Car spaces: 50
Floor area: 126m2
Land area: 20111m2
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Property Details for 701 Clothiers Creek Rd, Clothiers Creek

701 Clothiers Creek Rd, Clothiers Creek is a 6 bedroom, 3 bathroom House with 50 parking spaces and was built in 1989. The property has a land size of 20111m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 6 bedroom House sold in Clothiers Creek in the last 12 months.

Building Type
House
Year Built
1989
Floor Size
126m2
Land Size
20111m2
Local Government
Tweed
Lot/Plan
12/DP773969

Last Listing description (July 2024)

Situated just a short drive from the captivating Cabarita Beach, this sprawling 5-acre estate embodies the essence of countryside living at its finest. Boasting dual street access and nestled conveniently off the M1, this private sanctuary offers unrivalled tranquillity while remaining easily accessible to the vibrant hubs of the Gold Coast and Byron Bay.

What truly sets this property apart is its remarkable versatility and potential for lucrative returns. With a vast expanse of flat, fully fenced land spanning over 20,100m2 and adorned with a serene creek, this is more than just a residence it's an investment opportunity like no other.

Comprising not one, not two, but three dwellings, including a rock-solid low-set brick home that has been tastefully renovated, this property offers multiple income streams, including a man cave and a massive 200m2 industrial shed with workers facilities.

Currently utilized by the owner's businesses, the space offers a steady stream of income with the potential for expansion and further development.

Speaking of potential, the opportunities for additional infrastructure improvements are boundless. From expanding the existing hardstand to catering to boat and caravan owners, horse adjistment, bed and breakfast accommodations, and even eco-tourism ventures, the sky's the limit when it comes to maximizing the earning potential of this property.

With current income exceeding $10,000 per month and a price point of approximately $2.5 million, this investment represents a rare and lucrative opportunity in today's market. Whether you're a savvy investor seeking to diversify your portfolio or an astute homeowner looking to capitalize on the booming rental market, this property offers the perfect blend of lifestyle and financial potential.

Property Features:
- Zoning RU2
- 20,100m2 of useable, flat, fully fenced land
- Creek runs through the property,
- 200m2 shed
- 3 formal bedrooms with the opportunity to convert spaces into 3 more bedrooms TSCA.

Potential further infrastructure improvements include increasing the hardstand, renting to boat and caravan owners, horse agjistment, bed and breakfast and eco-tourism.

* The above figures are estimates.
** Subject to TSC confirmation, investigation and approval

Don't let this once-in-a-lifetime opportunity slip through your fingers. Contact our team today to schedule a private inspection and discover the endless possibilities that await you at 701 Clothiers Creek. Your future prosperity starts here!

For more information contact Greg 0402 284 124.

Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to Coastal Property Collective by third parties. Coastal Property Collective is unable to definitively confirm whether the information listed is correct or 100% accurate. Coastal Property Collective does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.

Property History for 701 Clothiers Creek Rd, Clothiers Creek, NSW 2484

A timeline of how this property has performed in the market
Last Sold
$2,300,000
23 May 2024
Listed for Rent
$400/w
30 Dec 2011
  • 23 May 2024
    Sold for $2,300,000
  • 27 Mar 2024
    Listed for Sale $2,250,000
  • 21 Oct 2021
    Sold for $1,800,000
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About Clothiers Creek 2484

The size of Clothiers Creek is approximately 10 square kilometres. The population of Clothiers Creek in 2011 was 363 people. By 2016 the population was 291 showing a population decline of 19.8% in the area during that time. The predominant age group in Clothiers Creek is 50-59 years. Households in Clothiers Creek are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Clothiers Creek work in a clerical occupation. In 2011, 73.4% of the homes in Clothiers Creek were owner-occupied compared with 82.1% in 2016.

Clothiers Creek has 104 properties. Over the last 5 years, Houses in Clothiers Creek have seen a 85.50% increase in median value. As at 31 October 2024:

  • The median value for Houses in Clothiers Creek is $1,506,935 while the median value for Units is $322,707.
There are currently 2 properties listed for sale, and no properties listed for rent in Clothiers creek on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Clothiers creek.

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.