The view of Palm Terrace from the Clarence River.
The view of Palm Terrace from the Clarence River.

What does $2million buy?

A LUXURY Yamba home is being tipped to fetch in excess of $2million, a record for the small coastal town.

LJ Hooker Yamba principal Simon Dougherty is handling the sale of the massive riverfront estate.

The interior of the home measures a staggering 752 square metres.

"You've got to put that in perspective, a normal block of land alone is that size," Mr Dougherty said of the property, which is located at 44 Palm Terrace.

Mr Dougherty said he believed it was 'the most significant property in Yamba', and expected it to attract a price tag to match.

The record price for a house in Yamba stands at $1.8million for a Clarence Street property with coastal views.

However, Mr Dougherty said that house contained few of the features the Palm Terrace mansion boasts.

Set on a 1982sqm block, the contemporary residence presides over a wide expanse of the Clarence River. It makes the most of the water front with a private jetty.

The foyer features a grand, sweeping staircase which leads into four double bedrooms, each with their own ensuite. Two of the bedrooms ? including the master suite ? have balcony access and water views.

Numerous living areas, expansive outdoor dining space, a granite kitchen and cocktail bar are just a few of the ground floor features.

The home also boasts a gymnasium, a study, and a triple garage with internal access.

Expressions of interest can be made to Mr Dougherty on or before April 28. Inspections of the property are by appoint- ment only.

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