OFF MARKET

22 Marine Parade
Kingscliff NSW 2487

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Land area: 915m2
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Property Details for 22 Marine Pde, Kingscliff

22 Marine Pde, Kingscliff is a 5 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 915m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
House
Land Size
915m2
Local Government
Tweed
Lot/Plan
2/DP520276

Last Listing description (September 2022)

FIRST TIME TO MARKET IN OVER 50 YEARS

An absolute exclusive opportunity to acquire one of Kingscliff's rarely available iconic properties. The subject address is arguably the only available or upcoming AAA development site with dual street access to Hungerford Lane and Marine Parade. The B4 mixed use zoning allows for a commercial/retail/residential development (subject to approval). The opportunity available to the market will offer the incoming buyer an opportunity to enjoy a midterm income from one of Kingscliff's finest establishments in the "Taverna Restaurant" whilst they master plan a future development program which could be staged onsite.


There is also beautiful coastal style "beach house" atop the hill which offers sweeping views of the coastline from Fingal through to Kingscliff Creek and surrounds. Designed to offer flexibility this wonderful holding will also suit a home occupier looking for a trophy beachfront asset with extra income from Taverna, or simply an astute investor looking to take advantage of a truly rare opportunity with the site currently being 100% leased. Are you looking to own your dream beach house with income from "Taverna"? If so, this will also tick all your boxes!

The coastal style "beach house" offers five bedrooms, three bathrooms and two car spaces internal and two bays external onsite. The home offers large open planned living with priceless views surrounding the a large balcony overlooking the pacific ocean. The beach house is currently returning almost $50,000.00 per annum and is on a periodic lease agreement to a lovely local family. Unlock the development potential or consider securing a longer term lease arrangement, the choice is yours.

The subject site is zoned B4 Mixed Use, pursuant to the Tweed Local Environmental Plan 2014. The zoning permits a range of commercial uses, tourist and visitor accommodation and residential development in the form of Shop Top Housing subject to development consent.

This sale program has been master planned for flexibility with LJ Hooker Kingscliff in conjunction with Knight Frank Australia delighted to present 22 Marine Parade, Kingscliff to the market for the first time in over fifty years.

+ Two Street Access (Marine Parade/Hungerford Lane)
+ 911m2 site area
+ B4 Mixed Use Zoning
+ Iconic Taverna Restaurant Freehold Tenure
+ 5/3/2 Classic Beachfront home
+ 100% leased investment
+ Unlock significant development potential
+ Enjoy holding income from settlement

For more information or to request a copy of the sale information memorandum please contact Nick Witheriff 0405 618 477 (LJ Hooker Kingscliff) or Mark Witheriff on 0439 038 100 (Knight Frank Australia).

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Property History for 22 Marine Pde, Kingscliff, NSW 2487

A timeline of how this property has performed in the market
Last Sold
$3,200,000
23 Mar 2018
  • 08 Sep 2022
    Listed for Sale Sold
  • 23 Mar 2018
    Sold for $3,200,000
  • 18 Jan 2018
    Listed for Sale Not Disclosed
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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 5,537 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 73 properties listed for sale, and 19 properties listed for rent in Kingscliff on OnTheHouse. According to CoreLogic's data, 270 properties were sold in the past 12 months in Kingscliff.

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