$550,000

0 Bed  •  0 Bath  •  0 Car  •  800m²

Main view of Homely land listing, 35 Farrelly Avenue, Cumbalum NSW 2478
Floorplan of Homely land listing, 35 Farrelly Avenue, Cumbalum NSW 2478
Second view of Homely land listing, 35 Farrelly Avenue, Cumbalum NSW 2478
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Sold

35 Farrelly Avenue, Cumbalum NSW 2478

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$550,000

  • 0
  • 0
  • 0
  • 800m²

Land Sold on Wed 16 Aug, 2023

What's around Farrelly Avenue

Land description

“800sqm medium density block with DA approved development”

Located within the popular Ballina Heights Estate, this 800sqm block features medium density zoning making it suitable for a large family home or duplex development. Plans have already been approved to commence building two well appointed townhouses. The approved development commands a lucrative rental return and depreciation benefits for investors.

- Block is registered, dimensions – 22.4m frontage, 35.7m depth
- Large 800sqm block, front of block has north-easterly aspect
- Building plans for a duplex development are already approved
- Each dwelling offers three bedrooms and multiple living spaces
- Open plan kitchen and entertaining spaces add to rental/ re-sale appeal
- Comparable Cumbalum rents could see a $1,550pw GROSS return
- Located 10 minutes from Ballina's shopping centres, schools, beaches
- 13 minute drive to Lennox Head, 20 minutes to Byron Bay
- Build your dream home or a great investment opportunity

Council rates

$2289 Yearly

Land details

Area: 800m²

Interactive media & resources

Third view of Homely land listing, 35 Farrelly Avenue, Cumbalum NSW 2478View more
Fourth view of Homely land listing, 35 Farrelly Avenue, Cumbalum NSW 2478View more

Contact the real estate agent

Nathan Mills & Ben Gatwood

McGrath - Ballina

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35 Farrelly Avenue, Cumbalum NSW 2478
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