For the first time in over 30 years, seize this rare chance to acquire a prime multi-tenanted freehold asset centrally located in Cabarita Beach's bustling retail precinct. Residential and Lifestyle Appeal: • Nestled in a lifestyle Mecca renowned for its community charm • Enjoy unobstructed ocean views down Palm Avenue just steps away from local shops and a short stroll to Cabarita's sandy beaches • Ideal for long-term commercial holding with substantial returns from a mix of residential and business uses • Opportunity to enhance with renovations or expansions, maximising coastal views and convenience • Perfect for families looking to settle in a coastal paradise or as a secure retirement investment • Zoned up to 4 stories (currently only 3 story configuration) with current concrete foundations and engineering ready to go up for another level • Concept plans drawn available for proposed extension of current residence • Features a spacious 10 car garage with ample storage and solid concrete footings Investment Details: • Situated on a 577sqm site with dual street frontages, featuring 7 mixed allotments: 3 offices, 1 restaurant, and 3 residential units totalling 627sqm in lettable area This property offers a unique blend of income potential and coastal lifestyle, making it an exceptional investment opportunity in one of Australia's most coveted seaside destinations. Contact Justin Schmith +61422051505
电子邮件咨询至 SCHMITH Estate Agents - COOLANGATTA