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83 Tingira Cres

Kiama NSW 2533

4
2
2
563 m²
House
Currently for sale - view listing

Overview

Approved Oceanfront Dual Occupancy A Once-in-a-Decade Opportunity

Positioned in one of Kiama's most tightly held oceanfront locations, 83 Tingira Crescent presents an exceptionally rare opportunity to secure a premium coastal property with approved dual-occupancy development potential. Opportunities of this calibre are seldom offered to the market. Occupying approximately 563 square metres, with uninterrupted panoramic views across the Pacific Ocean, the property combines an enviable waterfront position with outstanding lifestyle appeal, proven investment returns and exciting future possibilities. The existing four-bedroom residence has generated more than $120,000 in gross annual income for three consecutive years, offering an established income stream while providing flexibility for its next owner. Whether retained as a successful income-producing property, enjoyed as a private coastal retreat or transformed through the approved dual-occupancy development, the opportunities here are as impressive as the location itself. The residence features generous living spaces, an ocean-facing balcony and inviting outdoor entertaining areas, all complemented by spectacular coastal views. Easts Beach is just 200 metres away, while Kiama's vibrant cafés, restaurants and coastal attractions are within easy reach. Further enhancing the property's appeal, architectural plans and CGI visualisations are available, showcasing the potential to create an exceptional oceanfront development. What truly sets 83 Tingira Crescent apart is the remarkable combination of location, established income and approved development potential. With oceanfront land becoming increasingly difficult to secure, this is an opportunity to acquire a truly distinctive coastal holding, offering immediate investment appeal and the potential to create something extraordinary for the future.

Features

4 bedrooms
2 bathrooms
2 carspaces
563 m² lot size
House

Property history for 83 Tingira Cres

2021
Sold
$3,210,000
Auction Sale on 05 Nov 2021 by Robert Moore, of Ray White Kiama
2020
Rented
Undisclosed
Leased on 29 Sep 2020 by First National Coast & Country Kiama
2019
Rented
Undisclosed
Leased on 15 Oct 2019 by First National Coast & Country Gerringong

Happy sellers in Kiama

77%
77% of sellers in Kiama reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 33 reviews in Kiama over the last 12 months.

Local market activity for 4 bedroom houses in Kiama

In the last 12 months, 43 four-bedroom houses similar to 83 Tingira Cres, have been sold.

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