Under Offer 27/03/2024
FREEHOLD BEACH-FRONT INVESTMENT - SIGNIFICANT DEVELOPMENT UPSIDE
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96 Marine Parade, Kingscliff NSW 2487

UNDER CONTRACT - TOWERS FRANCIS PROPERTY

RetailSize: n/a
Block size: 1037 m² approx.
Towers Francis Property is proud to offer for sale for the first time ever, this prime multi-tenanted freehold asset right in the centre of the Kingscliff retail precinct.

INVESTMENT DETAILS:

- Net Income $165,884 per annum
- Annual Reviews CPI
- Outgoings paid by tenants

DEVELOPMENT & ZONING:

- MU1 Mixed Use
- FSR 2:1
- HOB 13.6m

FEATURES:

- 1,037sqm site area
- 3 shops comprising a net lettable area of 514sqm
- 20 meter frontage
- Dual street frontages

FOR SALE:

EOI CLOSED - UNDER OFFER

For further information, please don't hesitate to contact the exclusive selling agents at Towers Francis Property.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Craig Norrie to learn more about this property, request an inspection or take an online tour.

Key details

Garage Spaces:
16
Property type:
Retail
Block Size:
1037 *

Other Details

Lot:
2
Plan Type:
DP
Plan:
584765
Legal description:
2/584765
Towers Francis Property

Maps and area information

Block information
Block size: 1037 (approx)
Legal description: 2/584765
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Property history

We couldn't find any history for this property.
See Kingscliff's suburb profile

Kingscliff suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
49 years
Population
8,355
Listing ID: 182103651. This listing has been viewed 5 times. It was first displayed on 20/11/2023 and last updated on 27/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.