OFF MARKET

96A Marine Parade
Kingscliff NSW 2487

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 518m2
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Last updated 11 Nov 2024
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Property Details for 96a Marine Pde, Kingscliff

96a Marine Pde, Kingscliff is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 518m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Land Size
518m2
Local Government
Tweed
Lot/Plan
1/DP584765

Last Listing description (March 2021)

Real Specialist Commercial are pleased to offer for sale 96a Marine Parade, Kingscliff by Offers to Purchase on or before 12th February 2021

The property is a very well presented freestanding building in the heart of the Kingscliff CBD, with a mix of commercial and residential units on one title with 2 street access and parking at rear.

Perfectly positioned on Marine Parade opposite Kingscliff beach and surrounded by cafes, restaurants and quality retailers, this site is a rarely available opportunity to purchase a freestanding building in this idyllic location.

The building consists of 2 fully tenanted commercial shops plus 2 x 3 bedroom residential apartments with balconies overlooking Kingscliffs main beach.

The commercial shopfronts are leased with an income of approx. $67,551 pa
The two residential units are large renovated 3 bedroom / 2 bathroom apartments with balconies and lock up garages that are 1 unit per floor with outstanding views over Kingscliff Beach.

The opportunity to purchase an income producing freestanding building in the Kingscliff CBD is very rarely available and astute investors should not miss the opportunity to own this impressive asset.

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Property History for 96a Marine Pde, Kingscliff, NSW 2487

A timeline of how this property has performed in the market
Last Sold
$3,755,000
11 Mar 2021
Listed for Rent
$690/w
24 Sep 2020
  • 11 Mar 2021
    Sold for $3,755,000
  • 23 Dec 2020
    Listed for Sale Offers to Purchase
  • 05 Mar 2020
    Listed for Rent - Price not available
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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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