Don’t allow this to be the one that got away!

An amazing sea-change opportunity now presents itself to the market, and this is a rare, once in a lifetime opening. The owners have decided with heavy hearts, that they will be letting go of this significant, multi-layered investment property.
The substantial two storey building occupies a prominent corner position, opposite the pristine white sands of Sandy Beach, with additional frontage to Acacia Avenue and is centrally located within the Sandy Beach residential community.

If the ocean views and unlimited capital growth potential isn’t enough, ‘Sandy Beach General Store’ enjoys a captive market within an established, built-up, beachside suburb. There is no commercially zoned land in Sandy Beach, so future competition is unlikely in the near future. Having become a sought-after residential suburb through the completion of the new ‘Seacrest Estate’, it truly offers untapped investment potential. Whether you leave it the way it currently operates or wish to create a boutique coastal Airbnb, or a roof top bar and restaurant embracing the iconic location, working with council, the possibilities are endless.

The flourishing Coffs Harbour CBD is located some 15 kilometres to the south, whilst the popular Woolgoolga town centre is just 5 kilometres to the north, and both centres are connected by a recently completed dual carriageway.

A five-bedroom air-conditioned residence is located on the second storey and can be rented as one apartment, or separately leased as a 2 bedroom and 3-bedroom residence like it is currently leased. The ground floor general store, “the Sunken Chip”" occupies an area of some 120m2, plus an external paved terrace overlooking the beach, approximately 100m2. A double garage/laundry is situated at the rear with side access off Acacia Avenue.

The second storey residential area accommodates a living space of some 198.5m2 plus external terraces of 67m2. The corner block is approximately 556m2 in area. The building is fully compliant with the issue of Building Certificate No. 161/4. The thriving business has a current lease in place, however, are not looking at staying long term.
The overall property represents an excellent investment opportunity with the possibility to have 5 income streams, 2 currently from the commercial aspect downstairs and 3 residential components spread across the second storey. The options available with this amazing beach front property are immense and the financial viability and a quick positive financial return on investment is highly likely. The features of this outstanding opportunity are as follows: – Amazing beachside position- Captive market- No neighbourhood competition- Modern fit out and ready to occupy now!!!- Owner occupy all or part and offer to lease out the balance- Substantial improvements-

For any further questions or queries, or if you would like to book an appointment, feel free to call Mick Smith today on 0402 865 600.

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.