370 Terranora Road is a delightful property with all the non-negotiables you should be looking for in a new home, investment or project. This is now the third time this property has been marketed for sale within the last six months. The owners have made it very clear this time - we must sell! So if you have been holding off on purchasing until the 'market drops' - well this one is for you. A property with "POTENTIAL PLUS" that desperately needs a sale!
The north-facing property spans over 2,026 sqm in a battle-axe-style block, distancing the house from the traffic noise of Terranora Road. The home feels like its own tucked-away natural sanctuary. The block's gradient is very manageable, and the yard work won't tie you down to the mower or hedge trimmer all weekend. There's plenty of room for a boat, caravan, trailer and other toys. You will also find ample space for fruit trees, herb gardens, and vegetable patches plus still have room for the kids to kick a footy. The enormous pool, patio space and pizza oven are perfect for outdoor entertainers.
Inside, the house ticks a lot of boxes; with three living areas, two bedrooms upstairs, two bedrooms downstairs, an ensuite in the master, a shared bathroom upstairs, a shared bathroom downstairs, separate toilets on both levels, an enormous deck overlooking the Tweed and out to Coolangatta. The well-equipped kitchen is open to the morning sun and out to beautiful tall trees with a view.
There is also an old garage which currently has been converted into a granny flat of sorts. You could tidy up the flat, or turn it back into a secure garage including extra storage space.
Agent's notes: I have been putting buyers onto this property since the owner tried selling the home themselves, about 6 months ago, and even when another agent was selling it just recently. Let's not beat around the bush on this one - it could do with some work. Outside of the need for additional pool fencing to make the pool compliant - you could live in the home as it stands today very comfortably. However, I'm sure you will want to update parts of the home at some point. From what I can see (and I'm not a builder - so this isn't professional advice) structurally the home looks in good working order, with solid hardwood flooring and roof trusses. It just needs a good tidying and freshening up. Once someone does that - it'll either be a dream home at a dream price or a very lucrative renovation and flip.
On paper, the home has all the boxes ticked:
Four bedrooms with built-in wardrobes
Master walk-through wardrobe and ensuite
Two shared bathrooms
Two separate toilets and one even has its own internal basin
Three living areas, with one of those; a massive rumpus room, fitted out with an actual bar!
A north-facing deck with beautiful nature, valley and cityscape views
A tidy kitchen
An enormous pool
A lockable garage plus a two-car carport
Minimum road noise due to the battle-axe block
AMPLE room for gardens, vegetable patches and fruit trees (there's even a healthy avocado tree fruiting now)
And storage space for days!
So why hasn't this home sold? It's a big house and a big block that just needs a little updating. And all purchasers that have come through before have fallen in love with the home's features, but just not the price that was being asked.
This is why I have been brought in - to get the owners the best result this property warrants in in today's market. We have taken "our price" off the table and will let the market decide what this home should sell for. If you have been searching for a genuinely priced home, potential where you can add value, the market to drop, the sale of the year - well, just know this home will meet today's market.
Location Features:
Short drive to The Pavilions Marketplace (IGA, pharmacy, dine-in and take-away options, The Pavilions Hotel and more)
Short walk to the local bus route.
A short ride or drive to Lindisfarne Grammar School.
5 min drive to Banora Shopping Village (Coles, Liquorland, medical centre, bakery and more)
15 min drive to the beaches of Coolangatta or the other side to Kingscliff.
20 min drive to the Gold Coast International Airport.
45 min drive to Byron Bay.
1-hour drive to Brisbane.
