KINGSCLIFF NSW 2487
$1,600,000

DESCRIPTION

• Located within the beachside/esplanade commercial zone of Kingscliff, this property gives you and your buyers easy direct access to the esplanade's hub BUT priced at a considerable discount from the esplanade commercial properties on Marine Parade, located less than a block away.

• 540m2 zoned B4 Mixed Use which under the current 2014 LEP, includes mixed Commercial and Residential uses.

• Height of up to 13.6m provides opportunity for a minimum of 4 above ground levels (and possibly more).

• Dual street access - front street facing aspect for retail foot traffic access plus rear lane for separate vehicle access.

• Wide range of possible uses which could involve (combinations of) retail, restaurant, café, office, accommodation, hostel, residential, medical / healthcare,

• Meaning a potential layout could involve for example, below ground car parking, ground floor boutique retail, second and third floors mixed office and residential, and fourth floor residential, or a rooftop café or say a morning expresso bar.

• The existing building consists of 4 apartments each on short term residential leases to facilitate the development process but can also be readily converted to longer term business/commercial leases if preferable.

• In last 12 months to Jan 2019 average house prices in Kingscliff increased in value by 9.6% (source realestate,com.au)