6 Seaview Street, Kingscliff, NSW 2487

Situated in the heart of Kingscliff's tightly held esplanade commercial zone, this 540m² MU1 Mixed Use site presents an exceptional opportunity for investors. Only moments from the beach, dining, and retail precincts, this site offers prime potential for a landmark project that brings together lifestyle, business, and investment appeal.

The property currently features four apartments on short-term leases, generating a solid holding income with the flexibility to transition to long-term residential or commercial tenancies as needed.

KEY HIGHLIGHTS:

• High Income Returns ($100k plus) *

• 4 Units on One Title

• Option to strata and sell down (add value)

• Option to re develop the site as per DA or other uses available under the mixed use zoning (STCA)

• Buy at Land Value

• Take advantage of Kingscliff growth corridor and pending rate cuts to ensure plenty of capital growth

• Motivated Vendors - Will be Sold!

RENTAL INCOME:

Approx. $101,400 Gross per annum *

MIXED USE ZONING (MU1):

Allows a broad range of commercial and residential uses, including hospitality, office, healthcare, and boutique living (refer to LEP 2014^).

APRROVED DEVELOPMENT APPLICATION (DA22/0384):

Development consent in place for a shop-top housing project with approx. 882m² of gross floor area, featuring:

• 2 ground-level commercial tenancies

• 4 high-end residential apartments

• Secure ground-floor parking for 10 vehicles

DUAL STREET ACCESS:

High-visibility frontage to Seaview Street plus convenient rear lane access and secure parking.

PRIME LOCATION:

Walk to Kingscliff Beach, Surf Club, Kingscliff Shopping Village (Woolworths), St Anthony's Primary School, restaurants, cafés, and bars.

EXCELLENT CONNECTIVITY:

• 5 minutes to the new Tweed Valley Hospital

• 10 minutes to the M1 motorway

• 20 minutes to Gold Coast International Airport

• 45 minutes to Byron Bay

PROPERTY OVERVIEW

Address: 6 Seaview Street, Kingscliff NSW 2487

Land Area: 540m²*

Zoning: MU1 – Mixed Use (Tweed LEP 2014)

Local Authority: Tweed Shire Council

Planning Scheme: Tweed Local Environmental Plan 2014

TENANCY SCHEDULE (Current Use):

• Unit 1/6 Seaview Street is leased at $550 per week, paid to 10 April. The lease runs from 10 May 2024 to 7 November 2024, and is currently month-to-month.

• Unit 2/6 Seaview Street is achieving $500 per week, with rent paid to 13 April. The lease commenced on 13 October 2023 and ends on 12 October 2024 under a fixed-term arrangement.

• Unit 3/6 Seaview Street is leased at $550 per week, with rent paid through to 20 April. The lease term is from 7 April 2025 to 21 July 2025.

• Unit 4/6 Seaview Street is currently rented at $350 per week, paid to 2 April. The original lease ran from 23 April 2020 to 21 October 2020, and the tenant is now on a month-to-month basis.

Total Gross Rental Income: Approximately $101,400 per annum *.

DEVELOPMENT APPROVAL SUMMARY

DA Reference: DA22/0384

Approval Date: 22 January 2024

Description:

• Construction of a mixed-use development including:

• Ground Floor: 10 secure car parks (7 for residents, 3 for visitors/staff), waste and storage areas

• First Floor: 2 x 2-bedroom residential units

• Second Floor: 1 x 3-bedroom unit

• Third Floor: 1 x 2-bedroom unit with a multi-purpose room (easily convertible to a 3rd bedroom) and private pool

This is a rare opportunity to secure a premium site in one of the Northern Rivers' most in-demand coastal locations. Ideal for developers, investors, or land bankers seeking a high-impact project with approved plans in place.

All figures marked with an asterisk (*) are approximate and should be independently verified.

^Please refer to the Tweed Local Environmental Plan 2014 for complete zoning and permitted use details.*

All Inspections available by private appointment

Contact Agents:

Shaun Cardillo

E: [email protected]

M: 0416 190 170

Nick Witheriff

E: [email protected]

M: 0405 618 477

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