PEARL BEACH ICON
A lifestyle choice with a difference!
This fine, elegant absolute beachfront property offers a home of casual, holiday style coupled with a substantial investment income derived from a superb holiday apartment and a 70 seat restaurant that is fast developing an international reputation!
With over 20 metres of beach frontage and located on the much preferable highly sought after southern sands of Pearl Beach stands a beautiful two storey weatherboard home.
A basement provides several storerooms, wine cellar, office retreat, parking for several cars plus direct access to a perfectly level landscaped lawn which adjoins over 30 metres, the gently flowing waters of Green Point Creek.
Level one features a fabulous two bedroom holiday let which features a monster sun deck and views over the beach to Broken Bay and the restaurant, recently awarded with One Hat by the SMH Good Food judges.
Is there a better located restaurant on the coast? It enjoys no stairs access from Tourmaline Ave and has a wonderful holiday ambience coupled with a fine dining experience plus views from every seat in the house over Pearl beach and Broken Bay. We understand an earlier DA provided approval to build a sun deck and extend the outdoor seating.
Upstairs is the owner’s apartment offering two double bedrooms, the master with en-suite, a massive north and west facing sun deck, study, an open plan living and dining zone, a formal lounge plus the pièce de résistance, a fully covered, partly enclosed balcony overlooking the beach and creek with direct access from both the lounge and informal living zones. The balcony has clear roller blinds as protection during inclement weather (highly unusual in Pearl Beach) but otherwise is a fabulous entertainers open air retreat.
Virtually every room throughout this sensational building provides a holiday view that will be recalled and missed on one’s return to the frantic hustle of Sydney, which we must add is just an easy 60 minutes away by freeway!
Restaurant $99,000 per annum – 5 year lease remaining
Two bedroom apartment – $45,000 per annum from holiday leasing
Or $26,000 per annum from a permanent tenant
Owners residence – $60,000 per annum from holiday leasing