Positioned within walking distance to the beach and surrounded by the luxurious award winning Caves Beachside Resort, this boutique development site offers the ultimate beachside living.
DA approved for twelve architecturally designed two bedroom apartments, boasting the finest in boutique living, 358m2 of commercial space and fifteen secure car spaces.
Another key advantage of this site, six of the twelve apartments are designed with dual keyed, ideal for investment and holiday lettings, ensuring the apartments attract owner occupiers who desire the boutique living and astute investors.
Caves Beach offers an attractive and viable investment opportunity, with a 22.4% capital growth for units in 2010 (RP Data).
Caves Beach is a coastal suburb approximately 40 minutes south of Newcastle’s CBD. Family friendly, the suburb is most popular for its beach and dining/entertainment facilities, which attracts many families to the area.
Click on the virtual tour link to view the personalised SMARTBOOK which provides more site details, site plans and apartment floor plans.