Menu
News

Vacant block at Yamba attracts $930k

MONEY, MONEY, MONEY: Raine and Horne Yamba principal Denise Strange stands in front of the Palm Terrace block which sold for $9
MONEY, MONEY, MONEY: Raine and Horne Yamba principal Denise Strange stands in front of the Palm Terrace block which sold for $9

By ADRIAN MILLER

amiller@dailyexaminer.com.au

A VACANT waterfront block at Yamba's Crystal Waters development has been snapped up by a Sunshine Coast couple for $930,000.

Selling agent and Raine and Horne Yamba principal Denise Strange said she believed the money fetched for the block was the highest ever paid for a vacant block in Yamba.

Mrs Strange said the buyers planned to build a home on the 2453 square metre block, located on Palm Terrace, to live in and had no plans to sub-divide.

"I'm not aware of there being any sales higher than that amount, certainly not on the canals," Mrs Strange said.

"There are homes that have sold for more than that, but I'm not aware of any blocks that have sold for that sort of money, that's for sure."

The block offers unrestricted access to the ocean by boat and is only minutes from Yamba's beaches.

Mrs Strange said the position of the property was second to none.

"It's just exceptional waterfront, it's a fairly large block - nearly half-an-acre - and it's on the water," she said.

"It's different to the normal canal block ... it's bigger, got deeper water and you're not looking at houses or anything like that (across the water)."

The site is not the only Yamba property to attract a high price tag, with at least two houses earlier this year attracting more than $1million each. Mrs Strange said the difference between those sites and the one at Palm Terrace was that they faced the ocean, overlooked two of Yamba's main beaches - Convent and Pippi - and already had houses built on the site.



Rubbish truck's load catches alight

A J.R. Richards and Sons rubbish truck container caught alight on the Pacific Highway.

Fire in skip bin causes traffic hold ups

South Grafton duxes awarded the honour 80 years apart meet

NOW AND THEN: Mary Austen and Molly Dungey who were both Dux of their years.

Two South Grafton Primary School Duxes meet, 80 years apart

UPDATE: Students, teachers held in school lockdown

Police were called to the high school after it was forced into lockdown.

School in lockdown due to altercation on premises

Local Partners