Endless Opportunities Await
Situated just a short drive from the captivating Cabarita Beach, this sprawling 5-acre estate embodies the essence of countryside living at its finest. Boasting dual street access and nestled conveniently off the M1, this private sanctuary offers unrivalled tranquillity while remaining easily accessible to the vibrant hubs of the Gold Coast and Byron Bay.
What truly sets this property apart is its remarkable versatility and potential for lucrative returns. With a vast expanse of flat, fully fenced land spanning over 20,100m2 and adorned with a serene creek, this is more than just a residence – it's an investment opportunity like no other.
Comprising not one, not two, but three dwellings, including a rock-solid low-set brick home that has been tastefully renovated to perfection, this property offers multiple streams of income. From the spacious three-bedroom main residence to the charming two-bedroom house and cozy one-bedroom cabin, each dwelling presents unique appeal and rental potential.
But the perks don't end there. With a massive 200m2 industrial shed on-site, the possibilities for entrepreneurial endeavours are endless. Currently utilized by the owner's scrap metal business and a scaffolding operation, this space offers a steady stream of income with the potential for expansion and further development.
Speaking of potential, the opportunities for additional infrastructure improvements are boundless. From expanding the existing hardstand to catering to boat and caravan owners, horse adjistment, bed and breakfast accommodations, and even eco-tourism ventures, the sky's the limit when it comes to maximizing the earning potential of this property.
With a projected rental income exceeding $10,000 per month and a price point of approximately $2.5 million, this investment represents a rare and lucrative opportunity in today's market. Whether you're a savvy investor seeking to diversify your portfolio or an astute homeowner looking to capitalize on the booming rental market, this property offers the perfect blend of lifestyle and financial potential.
Property Features:
Zoning RU2
20,100m2 of useable, flat, fully fenced land
Creek runs through the property,
200m2 shed
3 dwellings:
a) 3 bed, 1 bath, 2 car porch, fully fenced and electric gate double brick home on 2 acres will rent
for $800 pw
b) 2 bed, 1 bath, open car parking, fully fenced, electric gatehouse on 2 acres will rent for $600pw
c) 1 bed cabin, with bathroom open car parking will rent for $200pw
3,000m2 of compacted gravel and a secure hardstand, with $4,500 PCM currently being paid by the owner’s scrap metal business is paying $2500 per month and a scaffolder paying
$2000 per month. The seller would be happy to sign a lease to continue to use the space. There is
another business potentially taking more handstand.
Potential further infrastructure improvements include increasing the hardstand, renting to boat and caravan owners, horse adjistment, bed and breakfast and eco-tourism.
Potential rental income currently without extra infrastructure is more than $10k plus per month.
The above figures are estimates.
** Subject to TSC confirmation, investigation and approval
Don't let this once-in-a-lifetime opportunity slip through your fingers. Please reach out to our team today to schedule a private inspection and discover the endless possibilities that await you at 701 Clothiers Creek. Your future prosperity starts here!
For more information contact Greg 0402 284 124
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