{"id":29840,"date":"2020-12-30T08:30:44","date_gmt":"2020-12-29T19:30:44","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=29840"},"modified":"2020-12-30T08:30:44","modified_gmt":"2020-12-29T19:30:44","slug":"own-a-sydney-waterfront-address-for-under-700k","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/own-a-sydney-waterfront-address-for-under-700k\/","title":{"rendered":"Own a Sydney waterfront address for under $700k"},"content":{"rendered":"

PHOTO: No. 34 Coasters Retreat, Coasters Retreat, offers a savvy opportunity for a first homebuyer. Source: Supplied<\/em><\/span><\/strong><\/p>\n

With a bit of help from the First Home Buyer Deposit Scheme<\/a>, first homebuyers have the ability to snap up this northern beaches waterfront property.<\/p>\n

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First homebuyers have been handed an epic opportunity to snap up a northern beaches property by the water for as little as $32,500 upfront.<\/p>\n

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The\u00a01088sqm parcel of land\u00a0<\/a>at Coasters Retreat comes with DA approved plans and a $650,000 price guide.<\/p>\n

A sale at this price point means first homebuyers would be exempt from stamp duty and could pay just a 5 per cent deposit of $32,500 if they applied for the First Home Buyer Deposit Scheme, which covers new properties of up to $950,000.<\/p>\n

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The 1088sqm has DA plans for a three-bedroom house. Source: Supplied
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On top of this, there is also the NSW HomeBuilder grant, which is a $25,000 lump sum if applied before December 31, or $15,000 if applied after January 1.<\/p>\n

While the ability to own a Pittwater property sounds bliss, this address is unlike you\u2019re typical home on the northern beaches. For a start, the only way to access\u00a034 Coasters Retreat\u00a0<\/a>is by a ferry that runs hourly between the enclave and Palm Beach.<\/p>\n

The site is a battleaxe block set back to enjoy the best of the Pittwater views, north westerly aspect and bushland. Listed with LJ Hooker \u2014 Palm Beach\u2019s Peter Robinson and Dennis Kennelly, the property comes with approved DA plans for a three-bedroom pavilion house.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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