Exceptional Beachfront Opportunity On 1219m2
1/30 and 2/30 OXFORD TERRACE, CHELTENHAM
OPEN HOME SATURDAY 25TH JANUARY - 1:00 - 1:30 PM
A truly exceptional beachfront opportunity on highly sought-after Cheltenham Beach, offers multiple options for astute purchasers.
Situated on an absolute prime, large beachfront site offering 1,219m2 of land the property comprises two stand-alone dwellings with two separate titles.
Both homes were built in the 1980s but will require remedial works or full replacement if one so desires. This presents a rare and unique opportunity for the area as neither house is constrained by heritage rules which allows for them to be demolished. This enables you to start from a blank canvas and build one magnificent home across the two sites.
There are multiple options, keep and renovate the existing homes, occupying one and use the other for extended family or rental income, demolish the existing houses and build one or two new homes across the two sites, or simply land bank for the future.
In the interim, the current homes could provide some holding income, while you work through your building and planning consents.
Superbly located the property offers direct beach access, within a short walk to Cheltenham Village with its vibrant local cafes and shops, as well as being within walking distance to central Devonport and ferry services.
If you have been looking to build your dream beachfront home this is an opportunity not to be missed.
The Land Value component of the 2021 Capital Value is $8,750,000.
Our vendors would like to see all offers presented either on or before the deadline date.
For Sale by Deadline Sale closing at 4pm on the 20th February 2025
(Advertised Open Homes Are for the Beachfront Home Only)
Proudly marketed by
Precision Real Estate MREINZ
Licensed Real Estate Salesperson (REAA 2008)