16 Clarence St, Yamba is a 9 bedroom, 7 bathroom House with 1 parking spaces. The property has a land size of 400m2. While the property is not currently for sale or for rent, it was last sold in March 2011.
Perched atop Yamba Hill, this distinctive mixed-use property offers an unparalleled opportunity in a coveted landmark location. Its proximity to the beachfront and the famous Pacific Hotel enhances its appeal, while the panoramic views of the ocean, river, and hinterland create a backdrop of unparalleled beauty, highlighting the property's immense potential.
On the ground floor, a vibrant commercial space, currently operating as a popular restaurant with a new fit-out, brings a lively energy to the property. This bustling hub adds character and assures a steady rental income, supplemented by three additional rental units. Above, the building is crowned by a spacious four-bedroom apartment, elevating its function both as a living space and an investment asset.
The apartment epitomises beachside living, featuring flowing living spaces, three bathrooms, timber floorboards, and large windows. The front verandah offers mesmerising ocean views, while the rear balcony provides a tranquil haven for entertaining, with views of the river and hinterland. Exuding a timeless beach shack vibe, this apartment is ideal for a personal coastal retreat or a high-demand holiday rental.
Looking towards the future, the property's potential is amplified by its E1 Local Centre zoning, opening doors to a multitude of developmental possibilities. This characteristic, paired with the existing facilities, earmarks the property as a multifaceted and progressive investment prospect.
Situated in an area celebrated for its natural splendour, this well-established local gem stands out as a truly unique offering. It represents an enticing package for those eager to engage with Yamba's lively community, benefit from the area's accessibility to regional attractions, and capitalise on the coastal town's growing popularity.
This landmark property presents a once in a lifetime opportunity to own one of the most substantial real estate holdings on Yamba's hilltop. You must act now to avoid missing out.
- Landmark mixed-use property in a prime location atop Yamba Hill
- Well-known local establishment with both commercial and residential spaces
- Ground floor features a vibrant commercial space, currently a popular restaurant
- Additional three ground floor rental units for diversified rental income
- Upper-level four-bedroom apartment, ideal as a personal retreat or holiday rental
- Apartment boasts flowing living spaces, three bathrooms, and timber floorboards
- Front verandah and rear balcony provide stunning ocean and hinterland views
- Close proximity to the famous Pacific Hotel, enhancing its investment appeal
- E1 Local Centre zoning, offering varying potential for future development
- Mere footsteps from Yamba Beach and just 200m from the town centre
The size of Yamba is approximately 16.9 square kilometres. It has 31 parks covering nearly 18% of total area. The population of Yamba in 2011 was 6,074 people. By 2016 the population was 6,078 showing a population growth of 0.1% in the area during that time. The predominant age group in Yamba is 60-69 years. Households in Yamba are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Yamba work in a professional occupation. In 2011, 65.1% of the homes in Yamba were owner-occupied compared with 67.4% in 2016.
Yamba has 5,225 properties. Over the last 5 years, Houses in Yamba have seen a 93.49% increase in median value, while Units have seen a 75.17% increase. As at 31 October 2024:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.