Unrivalled Kingscliff Beach Position - 180 Degree Ocean Views
Unique Development Potential – Beach House & Taverna Restaurant in One Line
STUNNING OCEAN & CREEK VIEWS
An absolute exclusive opportunity to acquire one of Kingscliff's rarely available iconic properties. This property is a unique AAA development site, with dual street access to Hungerford Lane and Marine Parade.
The MU1 mixed use zoning allows for a commercial/retail/residential development (subject to Tweed Shire Council Approval). The opportunity available to the market will offer the incoming buyer an opportunity to enjoy a midterm income from one of Kingscliff's finest establishments in the "Taverna Restaurant", whilst they master plan a future development program to be staged onsite.
There is also a beautiful coastal style, upgraded beach house atop the hill, which offers panoramic views of the coastline from Fingal Head through to Kingscliff Creek and surrounds. Designed to offer flexibility, this wonderful holding will also suit a home occupier, looking for a trophy Kingscliff asset, with extra income from The Taverna Restaurant.
An astute investor can take advantage of a truly rare opportunity with the restaurant on site currently being 100% leased until 2028. If you're looking to own a modernised beach house in a prime Kingscliff Beach location, with a combined income stream, then this one will tick all your boxes !!!
The renovated beach house offers six bedrooms, three bathrooms, two car spaces plus two additional parking bays onsite. The home offers large open plan living, three separate living areas & two kitchens, with priceless ocean & creek views from the large balcony, overlooking the Pacific Ocean. The layout provides for the lower level to be used as a fully equipped granny flat, with separate access.
Unlock this development potential, right in the heart of the thriving Kingscliff Township.
The subject site is zoned MU1 Mixed Use, pursuant to the Tweed Local Environmental Plan 2014. The zoning permits a range of commercial uses, tourist and visitor accommodation and residential development in the form of Shop Top Housing. (STCA)
This sale program has been master planned for flexibility with WITHERIFF GROUP & we are delighted to present 22 Marine Parade, Kingscliff to the market.
PROPERTY HIGHLIGHTS
+ Two Street Access (Marine Parade/Hungerford Lane)
+ 911m2 site area
+ Zone MU1 Mixed Use
+ Iconic Taverna Restaurant Freehold Tenure (lease exp 2028)
+ 6/3/4 Classic beach house (recently refurbished) + Swimming Pool
+ DA approval for main house rebuild
+ 100% leased investment on restaurant
+ Unlock significant development potential
+ Enjoy holding income from settlement
For more information, or to request a copy of the Sale Information Memorandum, please contact NICK WITHERIFF 0405 618 477 or CAROL WITHERIFF on 0413 056 405.
Disclaimer:
All information (including property area, floor size, price, photos, address, and descriptions) is provided for your convenience and sourced from third parties. Witheriff Group cannot confirm its accuracy and accepts no liability for any errors, omissions, or damages related to this information. You should verify details and seek legal advice regarding any property. Prices are current at the time of publication but may change.
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