33 Broadway

Burringbar NSW 2483

1012 m²

House

Currently for sale - view listing

Overview

DOUBLE DRAW - CHARACTER HOME PLUS APPROVED D.A.

Character Home, Passive Income, Future Potential 33 Broadway, Burringbar presents an exceptional opportunity rarely found in today's market. Combining a beautifully restored character home with an approved four-tenancy mixed-use development, this property delivers both immediate enjoyment and outstanding future potential. Importantly, the existing character home remains and does not need to be demolished as part of the approved development. This allows purchasers to continue enjoying the residence, generate passive rental income, or live comfortably on-site whilst progressively undertaking the approved commercial development. Positioned on approximately 1,000m2 in the heart of Burringbar Village, the charming three-bedroom residence occupies approximately 400m2 of the site, leaving approximately 600m2 available for future development. This unique offering provides buyers with remarkable flexibility: • Live in the home and enjoy the village lifestyle • Lease the residence and generate rental income • Operate a business from the site (subject to approvals) • Construct the approved commercial development in stages • Hold as a strategic investment for future growth Approved Four-Tenancy Development Adding significant value is the existing Development Approval for: • Hairdresser - 33m2 • CafÃ© including courtyard - 156m2 • Takeaway - 89m2 • Food Factory including mezzanine - 96m2 An additional benefit of the approval is the inclusion of 13.5 existing car parking credits attributable to the site's previous use, providing a valuable planning advantage for future owners. The approval has been designed to allow for staged construction, giving future owners the flexibility to develop at their own pace while continuing to occupy or lease the existing residence and derive an income from the property during the development process. With the home remaining as a valuable asset throughout the process, purchasers have the rare advantage of securing an income-producing residence together with a shovel-ready commercial development opportunity on a single title. Soil remediation works have already been completed, further enhancing the property's development readiness. The Story of the Home Proudly positioned within the village streetscape and enjoying views across surrounding farmland and rolling green hills, the residence showcases the timeless appeal of a traditional Northern Rivers character home. Beautiful hardwood flooring, period features, ducted air-conditioning and quality hardwood fencing create a seamless blend of heritage charm and modern comfort. Rarely Does One Property Offer Both A charming home for today. Approved development for tomorrow. Two opportunities. One exceptional property. Residence Three-bedroom character home One bathroom Two-car accommodation Beautiful hardwood timber flooring Ducted Air Conditioning Town Water Mains Power Sewerage Hardwood Fencing Motorised automatic entry gates Established village location Land 1,012m2 allotment Approximate 400m2 occupied by residence Approximate 600m2 development component Excellent street presence Positioned within the heart of Burringbar Village 1 minute walk to The Barn Burringbar 5 minute walk to the Burringbar Sports Club Across the road from the Northern Rivers Rail Trail 1 minute to the Burringbar Public School 2 minutes to Burringbar Pre School 5 minutes to Mooball 12 minutes to Wooyung Beach 15 minutes to Potsville 16 minutes to Ocean Shores Village Shopping Centre 16 minutes to Murwillumbah 18 minutes to Brunswick Heads 23 minutes to Murwillumbah District Hospital 25 minutes to Cabarita 28 minutes to Byron Bay 33 minutes to Gold Coast Airport (OOL) 41 minutes to Ballina 42 minutes to Burleigh Heads 1 hour & 35 minutes to Brisbane

Features

3 bedrooms

1 bathroom

2 carspaces

2 garage spaces

1012 m² lot size

House

Property history for 33 Broadway

2020

Sold

Undisclosed

03 Sep 2020 by Danny Thompson, of Chincogan Real Estate

2014

Sold

19 Jun 2014 by Michele Jackson, of Professionals Byron Bay

Happy sellers in Burringbar

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