11 MARINA CRESCENT, Urunga, NSW 2455

To enquire, please email or call 1300 815 051 and enter code 2990

This 4 bedroom Absolute Riverfront Property has been my Dream Location since retiring from full time work 15 years ago; in 2009 my family and I had our first Kayak & Sailing Experiences around the Estuary Waterways in the Urunga area. ( being experienced Kayakers & Sailors from Victoria , we had heard numerous Stories about the Brilliance of NSW's Northern Rivers)

Those 2 weeks inspired our " Northern Waterways Dream " ; it became a Reality 8 months later when i Purchased 11MARINA Crescent from a local Real Estate Principle who had lived here for 9 years ; his 'new ownership' produced the 2001 Extension to the Original building that has created an Extensive & well positioned Building Footprint on the block, which is ideal for catching the Northern Sun's Arc as it moves From early Morning into its usual Afternoon Sparkling ' light show ' over the Water . This frequently leads to Dramatic Sunset... Sky~Riverscapes... ( as the pictures show )

I was setting up to run " Riverside ...Trimaran Sailing Tours" ...straight from the ramp into the Estuary's Waterway ( with some Off Shore Sailing for the more experienced), BUT... all work on the Property for this purpose stalled 6 years ago following my significant health crisis. Now, I accept that Time has caught up with my 75 y.o. body, so completion of the 5th Bedroom overlooking the River & Kitchen upgrade need to be done, or 'Contracted Out' , by new owners according to their own vision ; I am happy to discuss my previous plans etc. with prospective purchasers. ( I will always be attached to my Time in this Wonderful Location; to pass it to a Purchaser(s) who will take both the building & it's Outdoor Living areas to their full Potential would be a personal bonus )

So, come have a look ....Experience the Ambience ....and ask me any relevant questions ; which will be answered without any Sales B.S.

I am available for INSPECTIONS most days from 1 pm onwards.

Cheers,

Kevin.

P.S .

Those who have inquired & inspected the Property before i got...." back on the tools "... will notice the improvements in the still unfinished Project . Shortly I will reach the end of these extra Personal works... They are directed towards CLARIFYING my previous plan ,( whilst leaving open ...OPTIONS ... for new visions .) . I have reduced the price to the bottom level that I will Sell for in a straight forward 30 day contract . If I cannot get an acceptable contract by the end of October, The House will be taken off the market & I will immediately 'Contract Out ' all works for completion during November in order to make it suitable for the Christmas ~ Easter Holiday period Rentals , as in the previous.... "Riverside Holidays " years. ( sadly without Trimaran Sailing Tours being offered )

My decision is based on the CORE VALUES of the property:

1. The land at Council value in this market is c $650k

2. The entire House itself is above the highest ever reccorded River level from 2009. (Which was a major reason for buying it ...AFTERWARDS ...in 2010)

3. The building footprint on the block has .... ideal Sun Orientation .... right from EARLY morning to the Western afternoon sunsets over the River.

4. The Original & Extension structures Both sit atop Elevated Masonary brick & block work in Excellent Structural condition ( average height under the house is 2.1 metres)

5. Around the Building's Footprint , The well placed double front driveway , double + carport & long 4m Wide side driveway, concrete works are in excellent condition ( replacement around c.$40+ k at current rates )

6. The lowest Repacement Insuance on the building that I could get is currently $488k ( even say at 60% less on current market appraisal )

$ 488k minus 60 % = $195+ k

7. Current Council Building Regs. Make it unlikely that the PRACTICAL "Siting Sense" of this building would now be permitted!

So, talk to me, as I am motivated to lessen my Property Commitments, but will not sell 11Marina at more than 5 % Under it's current REAL $ Value of :

; A. Land $650k

B. Building 195

C.Driveways etc 40

. Decking/waterfront works 20 +

Total $ 905k

These basic figures make $865k a Good Price . ( This is confirmed by a recent Commonwealth Bank valuation also at $900k)

Cheers again,

K.O'C.

To enquire, please email or call 1300 815 051 and enter code 2990