11 Marina Crescent

Urunga NSW 2455

Northern Rivers", paricularily around the Estuary Waterways of the Urunga area.
A 2 week 'sailing holiday ' in 2009 inspired our " Northern Waterways Dream " ; it became a Reality 8 months later when i Purchased 11MARINA Crescent from a local Real Estate Principle who had lived here for 9 years ; his 2001 Extension to the Original Building created an Extensive & well positioned Building Footprint on the block, which is ideal for catching the Northern Sun's Arc as it moves From early Morning into its usual Afternoon Sparkling ' light show ' over the Water . This frequently leads to Dramatic Sunset... Sky~Riverscapes... ( as the pictures show )
I had been setting up " Riverside ...Trimaran Sailing Tours" ...straight into the Estuary's Waterway BUT... all work in this direction stalled 6 years ago following my significant health crisis. Now, I accept that Time has caught up with my 75 y.o. body, so completion of the 5th Bedroom with it's Balcony overlooking the River , & the Kitchen upgrade are being carried out by my contract crew ; I was going to take the property of the market while these project completion works are being carried out , as I am no longer here regularily because I am now involved in another project : However, my Crew Fjoreman will answer legitimate enquiries and refer serious enquires to myself. I am happy to discuss my plans etc. with prospective purchasers and answer relevant questions directly without " Sales Talk "
As the property now has tradesmen working until c 4 pm most days, any progress Inspections of the works cannot be scheduled before 4 pm on weekdays , and after 1 pm on Saturday. (Parents please no children ) . Works should be completed by December 10 , by which time i will have decided which Real Estate Agency i will use for the marketing & sale over the coming summer holiday period .
And of Course .... NEW PICTURES after Completion of these Works will be posted on line via .the same sites as in the previous 3 months.
CORE VALUES OF THIS PROPERTY:
1. The land value in this market is c $620k
2. The entire House itself is above the highest ever reccorded River level from 2009. (A major reason for my buying it ...AFTERWARDS ...in 2010)
3. The building footprint on the block has .... ideal Sun Orientation .... right from EARLY morning to the Western afternoon sunsets over the River.
4. The Original & Extension structures Both sit on Elevated Masonary brick & block work in Excellent Structural condition ( average height under the house is 2.1 metres, with vast storage underneath)
5.Well placed around the Building's Footprint are... a fully concreted double front driveway , double + carport & long 3.9 m Wide side driveway leading straight to the river access ramp. All these concrete areas are in excellent condition
6. Repacement Insuance on the building is currently $588k
7.Recent new RESTRICTIVE Council Building Regs. Make it unlikely that they would allow the inherent advantages of the current building's Design again. ( ask me about the new... Ridiculous ... height & setback regulations. )
AIthough I am now motivated to lessen my Property Commitments, i will not sell 11Marina at more than 5 % Under it's current REAL $ Value of :
; A. Land $620k
B. Building 225
C.Driveways etc 40
. Decking/waterfront works 20 +
Total $ 905k

These basic figures make $865k a Good Price . ( This is confirmed by a recent Commonwealth Bank valuation )

To enquire, please email or call 1300 815 051 and enter code 2990