Avoca Beach

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An Avoca Beach penthouse with gun-barrel views across the sand and the sea has been sold.
It's set in a tightly held block of just four apartments where there hasn't been a sale since 2007.
The second level apartment, and the penthouse, both sold on the same day to the same buyer. The penthouse sold for $2 million, the second level apartment $1.5 million.
Set on the dress circle Cliff Avenue, the two level, 750 sqm penthouse comprises three bedrooms on the lower level, two with Juliet balconies and the master with its own ensuite.
Upstairs is the dedicated living and entertaining space, with the kitchen living and dining wrapped in bifold doors opening to an entertaining terrace with sweeping views of the beach.
Belle Property Killcare agents Cathy Baker and Ben Bedford were seeking $2.5 million which was secured.
Baker says the apartment has a holiday rental potential of $100,000 per annum.
 
 
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Avoca Beach penthouse sold for $2.5 million

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A development site at Avoca Beach has been sold for $1,650,000.
Located at <a href="https://www.realestate.com.au/sold/property-residential+land-nsw-avoca+beach-201451382" target="_blank">4-6 Cape Three Points Road</a>, the 1,713 square metre, B2 zoned local land is one of the last undeveloped sites in the Central Coast location.
This existing church site offers commercial and residential redevelopment, or conversion of the current building.
The current church structure provides a 250 square metre floor area.
The property is only 60 metres to the main entry to Avoca Village precinct.
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Avoca Beach development site sold for $1,650,000

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Macquarie Bank Limited CEO and managing director Mary Reemst and her husband Greg are selling their Avoca Beach weekender in The Lighthouse.
It sits in one of the coastal suburb's priciest blocks, the same where 2GB radio broadcaster Alan Jones sold in last year.
He scored $4.65 million for his 450 square metre apartment which has three bedrooms, a separate massage therapy room and a grand entertaining terrace with plunge pool. It had been a pricey $5,000 a week rental.
Jones paid $4.5 million in 2008.
Reemst and George will expect stronger price growth on their unit in the boutique block of six on the Avoca Beach hillside designed by renowned architect Cathy Slater.
The 295 sqm Cliff Avenue apartment cost the couple $2 million in 2003 and has three bedrooms and a private plunge pool. Reemst and George and the longest owners. Every apartment has traded for over $3 million.
George Brand Avoca Beach agents Kyle Brand and Amelia O'Donnell have the listing with $3.5 million hopes.
Reemst was appointed managing director and CEO of Macquarie Bank Limited in 2014 having been Macquarie's head of credit within the risk management group.
She served in that role for 11 years.
This article first appeared in The Sunday Telegraph.
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Macquarie Bank CEO lists Avoca Beach weekender

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A Hamptons style five bedroom Avoca beach-house has been sold prior to auction for $3.55 million.
It was sold by Stewart Power and Nicole Jackson from Harcourts Avoca Beach late last month.
The house at<a href="https://www.realestate.com.au/sold/property-house-nsw-avoca+beach-128986214" target="_blank"> 60C Cape Three Points Road</a> comes with spacious north-facing living over two levels, entertaining decks with vistas, gourmet kitchen, master suite and other four bedrooms.
Additional highlights include timber floors, high raked ceilings, in-ground heated pool, double garage, and double off-street parking. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/8/28/avoca%20beach%203.jpg" alt="">
The house features vista comprising sweeping beach and ocean views along pristine sands from Avoca Surf Club all the way to North Avoca.
It has direct access to Ascot Avenue, about 300m walk to the beach. 
The suburb's median house price sits at<a href="https://www.urban.com.au/news/3455-avoca-beach-nsw" target="_blank"> $920,000</a> according to CoreLogic. 
It had last traded at $3.52 million last year. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/8/28/avoca%20beach%204.jpg" alt="">
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Avoca Beach trophy home sold before reaching auction

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The five-bedroom family home on the Round Drive, Avoca Beach has been sold for $1,650,000. 
The 1,244 sqm property was listed by George Brand Real Estate's Matthew Ellis. 
Situated at <a href="https://www.realestate.com.au/sold/property-house-nsw-avoca+beach-132316950" target="_blank">231 The Round Drive, Avoca Beach</a>, the house has high ceilings and a level floor plan that is wheelchair accessible.
There is a master suite with a unobstructed view of the lake and is complete wot ensuite and walk-in robe.
The lakefront home has an open plan kitchen with stone surfaces, gas stovetop, bi-fold servers windows which transition to the BBQ area and an island bench for casual gatherings. 
The house is newly renovated and has a self-contained guest quarter, with its own bathroom, built-in wardrobe and large Velux windows. 
The home is of close proximity to the Avoca Beach, and has its own indoor pool for year-round enjoyment or swim school potential. 
There is also under house storage for bikes, surfboards, or kayaks, and a double garage parking offering internal access. 
It was built in 1970.
 
 
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