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7 Belmore Street

Crescent Head NSW 2440

2
1
1
1534 m²
House
Currently for sale - view listing

Overview

1,534m2 in the Village – Cottage Today, Development Vision Tomorrow

Expressions of Interest 9th October unless sold prior. Opportunities of this scale, in this position, simply do not come along often in Crescent Head. Set on approximately 1,534sqm in one of the village's most sought-after pockets, a site that offers far more than a classic coastal cottage. It is a substantial landholding with genuine versatility – a property that can be enjoyed today, held for the future, reimagined as an exceptional private residence or explored again through a development lens. In the middle of the site sits an original two-bedroom cottage, full of the uncomplicated character of an earlier Crescent Head. A wide verandah, light-filled living, practical kitchen and generous yard create an easy coastal home that could continue to provide a comfortable residence or rental return while longer-term plans are considered. Currently leased to great tenants who'd love to stay at $500 per week. But it is what this land has represented before that makes the opportunity particularly compelling. The property was previously the subject of an approved DA for a boutique multi-dwelling townhouse development. While that approval has now expired and does not constitute a current development consent, the architectural plans provide an important insight into the scale, layout and development outcome previously approved for the site. The former concept incorporated two-level residences, private garages, terraces and a cohesive village-style architectural form across the holding. For a developer, architect or buyer with vision, that history provides a valuable starting point. There are several ways to look at this to make your decision. Hold the existing cottage and enjoy a significant parcel of land in the heart of Crescent Head. Retain the property as an investment while investigating future planning options. Create a substantial private coastal residence with the kind of space rarely found this close to the village. Or revisit the site's development potential, using the previous approval and architectural work as an indication of what has historically been achievable, before pursuing a new application tailored to today's market, which was 6xtownhouses. That flexibility is the real value here. With Crescent Head continuing to attract strong demand from permanent residents, downsizers, holidaymakers and lifestyle buyers, well-designed residential product within walking distance of the village remains highly desirable. A landholding of this size provides the opportunity to think beyond the obvious and consider what the next generation of this site could become. For now, the original cottage remains simple, charming and entirely usable. And then there is the location, with creek right at your back door. Belmore Street places you moments from the village, Killick Creek, cafes, shops and the beach – close enough to embrace Crescent Head on foot, yet with enough land around you to feel a genuine sense of space. One Site. Several Futures. Live in it. Lease it. Land-bank it. Create an exceptional private coastal home. The value isn't simply in what stands here today – it's in the rarity of the land, the position and the possibilities that come with it. Property Descriptions: - Approx. 1,534m2 site in a tightly held Crescent Head location - Original two-bedroom coastal cottage - Wide front verandah and generous level yard - Currently rented at $500 week to secure tenants - Previous DA approval for a boutique 6 townhouse development - Previous DA has expired and is not a current approval, plans can be provided on request - Significant opportunity for developers, investors, land-bankers or those seeking a substantial private coastal holding - Moments from Crescent Head village, creek and beach * Agent declares interest. Property Details: Rental Appraisal: Approx. $500pw Land Size: Approx. 1,534sqm Council Rates: Approx. $6,488pa Disclaimer: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
1534 m² lot size
House

Property history for 7 Belmore Street

2020
Sold
Undisclosed
Private Sale/Treaty on 12 Mar 2020 by Nathan Wilson, of Teasdell Real Estate Pty Ltd T/As Lifestyle Crescent Head

Happy sellers in Crescent Head

88%
88% of sellers in Crescent Head reported that their sale price either exceeded or met their price expectations.

Crescent Head stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Crescent Head over the last 12 months.

Local market activity for 2 bedroom houses in Crescent Head

In the last 12 months, 4 two-bedroom houses similar to 7 Belmore Street, have been sold.

This represents a 300% decrease in two-bedroom houses sales when compared to the previous 12 months.

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