Seaside Estate - Another Instant $180k + Profit
We have the following Lot available at Seaside Estate in Fern Bay. Both Stages sold out long ago and land prices have risen by $20,000since then. Great value packages in today’s market in this fantastically located beach side development only 15 minutes to Newcastle’s CBD.
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This huge Duplex is basically like doing a small development but without the risk or work involved. All costs to individually title each side are included in the build contract price. Once the build has been completed the builder will lodge the subdivision application arrange the separate titles. So you buy one property for $885,000, but end up with two, both over 190m2 with market appraisals of up to $535,000 each side, so $1,070,000 in total meaning equity of over $180,000. The cherry on top is it also is cash flow positive with a return of over 6%!!
Seaside Estate at Fern Bay is an upmarket development with the best of both worlds. It has enviable lifestyle amenities whist still being around 10 minutes to everything. You can understand why residents love coming home to this estate when driving along the entrance boulevard before being amongst the high quality homes within.
Seaside Estate has a quiet beach side community, with a dedicated 4WD beach track, only minutes to the Newcastle Golf Club, under 10 minutes to The Newcastle Airport, just over 10 minutes to the Newcastle CBD and around 10 minutes to The Northbank Enterprise Hub. So residents have tens of thousands of jobs around 10 minutes away but get to come home to a relaxed and beautiful lifestyle and probably the best part of all – it’s residents can walk direct through the rear of the estate onto the beach
Serene, natural surrounds a thoughtfully planned neighbourhood and with the beach on your doorstep Seaside Estate is the rare opportunity to secure a new lifestyle that will surpass any other option available. Seaside is not out of the way but does provide seclusion, a neighbourhood where you can feel relaxed but still connected to all the best things that the local area has to offer
One of the great joys of living in Seaside Estate is to escape the everyday hustle & bustle of urban life. It is still nice to know the essentials are close at hand when you need to do a quick shop. Residents are also spoilt for choice with Newcastle within easy reach.
Schools -There is many renowned primary and secondary schools in the Seaside area. We can supply you with a full list of all the local schools at our sales centre.
Transport -Seaside is a commuters’ dream. If sitting in traffic is not your favourite thing to do imagine relaxing on a ferry that takes less than 5 minutes to deliver you to central Newcastle. Just beyond the threshold of this tranquil enclave is the Newcastle airport, a 6-minute drive that links you to a destination of your choice. The short trip to the city is also fast and commuter-friendly with the frequent bus service that services the estate. If you wish to drive, Nelson Bay Road can deliver you to Newcastle in 15 minutes.
Golf -What do Michael Clayton, Bob Harrison, Ross Watson, Jack Newton and Graham Papworth have in common? They are five of Australia’s top golf course architects who all rate Newcastle Golf Club in the top 10 courses in Australia. Ranked number 18 in Australia, the Newcastle Golf Course is situated in the stunning Hunter Valley and offers golfers of all levels a spectacular and exciting challenge. Tee off in less than 5 minutes with this course located right next door.
Surfing, fishing, bike riding, golf, four wheel driving, bush walking are just a few of the local attractions right on your doorstep to enjoy. Backed by the city of Newcastle only 15 minutes away make this an appealing spot to call home.
Sub tropical forest merges seamlessly with the sea, this is a unique beach side community. What is also perfect is when you’re not visiting the beach or the surrounding bush land you can enjoy the parks closer to home.