$1,090,000

5 Bed  •  2 Bath  •  2 Car  •  594.3m²

Main view of Homely house listing, 96 And 96A Hutton Road, The Entrance North NSW 2261
Floorplan of Homely house listing, 96 And 96A Hutton Road, The Entrance North NSW 2261
Second view of Homely house listing, 96 And 96A Hutton Road, The Entrance North NSW 2261
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96 And 96A Hutton Road, The Entrance North NSW 2261

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$1,090,000

  • 5
  • 2
  • 2
  • 594.3m²

House for sale

What's around Hutton Road

House description

“Development opportunity at The Entrance North- House with a two-bedroom Granny Flat (complied)”

The phone enquiry code for this property is - 1611

96 and 96A HUTTON ROAD,
THE ENTRANCE NORTH

LOCATION LOCATION LOCATION

In no time at all The Entrance North will be the new Terrigal, Avoca or Wamberal beach location.

Blocks of land, especially with a recently built granny flat, are very rare.

The old beach house was purchased, at the time, mainly for family storage and we would advise it should be knocked down and removed.

The compiled two-bedroom granny flat, (seven years old) will easily achieve $500 per week while you design, apply to council and build a new home (with council approval of course) in best climate in New South Wales.

The Entrance North is surrounded by nature's inbuilt air-conditioner with the ocean and lake less than 300 metres away to the east and west.

The ocean and lake help The Entrance North manage a summer average maximum of 27C (cooled by a constant N.E sea breeze) most of the time and winter rarely drops lower than 16C as a daytime average.

You can walk a few minutes to watch the sunrise in the morning and walk the 300 metres in the other direction and view the orange ball of the sun setting over Tuggerah Lake at dusk!

The bustling tourist town of The Entrance is a 10 minute stroll across the bridge where you will find shops, two pubs, stacks of restaurants and a bowling club. Plus shopping and medical centres. School both primary, public and private close by.

Sydney CBD is 90 minutes away in light traffic. Tuggerah railway station is 20 minutes away.


IT'S ALL ABOUT THE NUMBERS

In the last few months five house/blocks like ours have sold, with all eventually requiring the 'old fibro shacks' to be removed although in 18 Stewart St's case you could throw a lot of money and renovate.


16 Steward St $905K 500 m²
80 Hutton Rd $1.050K 698 m²
106 Hutton Rd $1.080K 588m²
18 Stewart St $1.125K 575 m²
40 Hutton Rd $1.280K 700 m²



ours

96 with 96A Hutton Rd asking $1,090,000 594.3m²


IT'S ALL IN THE DETAIL

The property is a corner block with two driveways, one on Hutton Rd and the other on Florida St.

There is also a 10-year-old single car garage.

As you will see on the contract, the property comes 'as is'

An independent building report will be supplied on request.

The contract currently has a 120-day settlement period which is negotiable.

The granny flat is a two-bedroom, one bathroom with a carport and concrete driveway.
The old house was configured
as a 2/3-bedder, sunroom, bathroom with toilet, laundry and another toilet and a generous living area.


CCC Rates are $502.20 a quarter
CCC Water is $246 a quarter (plus usage)


OPTIONS we can see

1. Use the granny flat as a solid reliable income and 'land bank' the property.
2. Knock down the fibro house and build a new beach house to your desire and still get a rental income or a place to live while the process is being fulfilled
3. Knock down the house, sell off the granny flat and build a duplex to council requirements
4. Only the industrious and skilled might attempt a complete renovation of the house which would require a huge amount of work and expense.

DIMENSIONS

Eastern boundary (Hutton Rd) 15.24m
Southern boundary (Florida St) 39.625m
Northern boundary 39.492m
Western boundary 15.24m
TOTAL 594.3m²



INSPECTION

By appointment please

Property Code: 487

Land details

Area: 594.3m²

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