My first question is what would an 808m square duplex block in the middle of town set you back if you could find one? Now throw in a 3 bedroom house, a shed or 2 and splendid waterside location and tell me that this home is not great value in the current market.
The low set brick veneer home is due for an upgrade but is very sound and would make an ideal first home or investment property as is. For the home handyman/retiree there is enough room in the price to value add or the small developer may choose to investigate the duplex option. For the number crunchers rental yield would exceed $22,000 pa and the finished duplex product would exceed 1 million dollars for a stylish 3 bed, 2 bath.
The location offers a walk to shops, tavern, creek, beach and main street and is only a 5 minute drive to the motorway and 30 minutes to Coolangatta airport and Byron Bay.
House and land at this price are now few and far between, prompt inspection is recommended. Inspect by appointment by calling Jamie Wilmen at Raine and Horne Pottsville Beach / Cabarita Beach.