SOLD
Sold on 24 Oct 2024 for $2,150,000

35 Salt Water Crescent
Kingscliff NSW 2487

Bedrooms: 4
Bathrooms: 4
Car spaces: 2
Floor area: 319m2
Land area: 547m2
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Property Details for 35 Salt Water Cres, Kingscliff

35 Salt Water Cres, Kingscliff is a 4 bedroom, 4 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 547m2 and floor size of 319m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom House sold in Kingscliff in the last 12 months.

Building Type
House
Year Built
2005
Floor Size
319m2
Land Size
547m2
Local Government
Tweed
Lot/Plan
235/DP1070792

Last Listing description (October 2024)

Owners Committed Elsewhere - Must Be Sold

* ALL INSPECTIONS TIMES ARE NSW DAYLIGHT SAVING TIME

Investment Goldmine: Luxury Beachside Property Perfect for Multi-Generational Living & Lucrative Income Potential

Unlock a rare opportunity to invest in a luxury beachside property that not only offers a stunning living environment but also incredible versatility for multi-generational living or a robust income stream. This exceptional residence features four spacious bedrooms and four luxurious bathrooms, offering ample space and comfort for large families or multiple generations living under one roof.

DESIGNED FOR MULTI-GENERATIONAL FLEXIBILITY
This property was thoughtfully crafted with flexibility in mind. It can operate seamlessly as one expansive family residence or two separate, fully-functional homes—perfect for multi-generational families looking to live together while maintaining privacy. Currently set up as two distinct units, each featuring two bedrooms, two bathrooms, and gourmet kitchens, this property also provides dual occupancy or rental opportunities for income generation.

KEY BENEFITS FOR MULTI-GENERATIONAL LIVING
Separate Living Quarters: The home’s two distinct units ensure privacy and independence, ideal for parents, adult children, or extended family members.
Shared Outdoor Spaces: Enjoy beautifully designed outdoor areas where the entire family can gather to relax and entertain.
Ease of Conversion: Easily convert back to a grand single-family home when preferred, providing long-term versatility for changing family needs.

DUAL INCOME POWERHOUSE
High-Earning Short-Term Rentals: The upstairs unit has consistently generated over $70,000 annually through platforms like Airbnb. The income potential increases significantly with both units rented.
Turnkey Rental Operation: Both units are fully equipped and ready for immediate rental, providing a seamless transition for new investors.
Council-Approved Short-Term Accommodation: Benefit from the assurance of a fully compliant short-term rental setup, maximizing your revenue opportunities.
Strata Title Potential: Increase the property's value and marketability by converting it into two separately titled units, each with its own income stream.

LOCATION, LOCATION, LOCATION
Nestled just steps away from pristine beaches and the renowned Salt Village restaurant precinct, this property offers both owners and holidaymakers the ultimate coastal lifestyle. Its desirable location ensures high occupancy rates and premium rental returns.

UNIQUE SELLING POINTS
Architectural Masterpiece: Striking design and superior craftsmanship make this home a standout choice for discerning buyers.
Flexible Multi-Generational Living Options: Utilize the existing dual living setup or convert to one grand family home—perfect for changing family dynamics.
Exclusive Outdoor Spaces: Private outdoor areas add to the property’s appeal, offering spaces for both peaceful relaxation and family gatherings.
Secure Parking: Ample secure parking ensures peace of mind for all family members and guests.
Year-Round Demand: The property’s coveted location guarantees steady demand from guests seeking a luxurious beachside lifestyle.

UNMATCHED INVESTMENT POTENTIAL
This property isn’t just a home; it’s a strategic investment poised to deliver substantial returns. The proven income from short-term rentals, combined with the potential for increased earnings through dual occupancy, makes this an unparalleled investment opportunity.

WHY THIS PROPERTY STANDS OUT
Unrivalled Location: Just meters from the beach and vibrant dining options, this property offers the lifestyle that families crave.
Versatile Living Spaces: The flexible floor plan caters to various needs, from multi-generational families to investors seeking lucrative returns.
Future Growth: Capitalise on the high-demand location and enjoy future value appreciation.

SECURE YOUR INVESTMENT TODAY
Don't miss your chance to own a slice of coastal luxury that promises both an exceptional lifestyle and outstanding financial returns. Whether you’re looking for a multi-generational home or an income-producing investment, this property delivers limitless possibilities. Contact us now to arrange a viewing and explore the opportunities this unique property offers.

Property History for 35 Salt Water Cres, Kingscliff, NSW 2487

A timeline of how this property has performed in the market
Last Sold
$2,150,000
24 Oct 2024
  • 24 Oct 2024
    Sold for $2,150,000
  • 25 Jul 2024
    Listed for Sale SUBMIT YOUR OFFER - GUIDE $2.25m
  • 02 Feb 2024
    Listed for Sale Selling Now
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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 5,554 properties. Over the last 5 years, Houses in Kingscliff have seen a 87.65% increase in median value, while Units have seen a 76.44% increase. As at 30 November 2024:

  • The median value for Houses in Kingscliff is $1,812,500 while the median value for Units is $939,586.
  • Houses have a median rent of $945 while Units have a median rent of $750.
There are currently 68 properties listed for sale, and 21 properties listed for rent in Kingscliff on OnTheHouse. According to CoreLogic's data, 267 properties were sold in the past 12 months in Kingscliff.

Suburb Insights for Kingscliff 2487

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Disclaimer
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.