If you are looking for evidence that location means everything, this Avoca Beach retro home is proof irrefutable.
With shaggy blue carpet, a green retro kitchen and floral curtains throughout, the home has barely been touched in years — but it has something that will guarantee a top dollar sale — its absolute prime position.
IS THIS CENTRAL COAST HOME THE BEACHIEST PROPERTY EVER?
GET OFF THE GRID FOR $260K
On the sandy shores of one of the coast’s most popular beaches, the 727 sqm property at 157 Avoca Dr has a gargantuan price guide of $3.995 million.
The humble home includes an original four-bedroom cottage and a slightly more modernised two bedroom self-contained loft and four car garage, where the current owner lives.
This beachfront strip is renowned as one of the most sought-after locations in the region, with properties selling around the $4 million range. Unbelievably, the majority of buyers are holiday house investors from Sydney.
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“There is probably about a 95 per cent chance that a Sydney buyer will purchase this as a weekender — every sale in this pocket for the past 15 years, bar one that I know of, have been for these types of buyers,” agent Kyle Brand from George Brand Avoca Beach said.
“Sydney people think that Avoca is cheap compared to the Northern Beaches.”
Mr Brand said that with a bit of love and about $60,000-$70,000, a buyer could renovate the existing property, but in his experience, it would be a knockdown job.
“I recently sold a nearby property at 125 Avoca Dr for $4.7 million and the owners have just had plans approved for a knockdown rebuild,” he said.
A buyer would just need to lift the structure to reveal panoramic beach vistas.