Yarrawonga. Stunning Views. Unlimited Potentia (Listing ID:356)
Address: 1/39 YARRAWONGA DRIVE
City: CASTLE HILL
Post Code: 4810
Year Built: 1985
Garage Size: 2
Floor Area (m2): 327
Land size (m2): 682
Full Description: OFFERS OVER $850,000
Our Vendor is the original owner of 39 Yarrawonga Drive who originally acquired the magnificent 1210m2 site with its breathtaking views in 1984 and built a substantial family residence over two levels in 1985. In 2008 a Body Corporate was established to create two separate Lots. The vendor retained Lot 1 which includes the entire ground floor, a detached outbuilding and exclusive use over 682m2 (80%) of the common property meaning almost the entire near level yard with its lush green lawns, landscaped gardens and incredible panoramic views extending from Herveys Range across Cape Pallarenda, Magnetic Island, Townsville City and all the way to Cape Cleveland are included. Lot 2 which includes the top floor and 174m2 of the common property towards the front of the block was sold in 2008.
As there are only 2 lots the Community Titles Scheme was established under the Small Schemes Regulation Module so there is no requirement for the appointment of a Body Corporate Manager and therefore no Administration or Sinking Fund fees to worry about.
39 Yarrawonga Drive is arguably one of the best sites on Yarrawonga Drive as it is right on the front of our magnificent Castle Hill on the crest of the road where it levels out. A considerable amount of expensive site works were done at the construction stage including the addition of retaining walls and introducing substantial amounts of fill to site to create as near level and family friendly a block as possible which is lacking on a lot of Castle Hill properties.
Lot 1 is 327 m2 and includes 206m2 of living space, 41m2 of garage space, 52m2 of covered patio space and a 28m2 outbuilding. The living areas present in good original condition and very little has changed since 1985 making it the perfect blank canvas for the astute buyer. No doubt the new owner will renovate and remodel the interior to their requirements but for the time being the property is extremely comfortable and homely. The living space currently has a huge open plan lounge dining area, a generous kitchen with servery, two large bedrooms with a large walk in robe to the main, a spacious retro bathroom, entry and corridor with study nook and storage. The way it has been designed there are incredible views from every room.
The garage will accommodate both your vehicles comfortably. The patio extends the full width of the building and allows you to make the most of the garden and the million dollar views over Cleveland Bay and the Island. The outbuilding is positioned well away from the main building and is a quirky and fun addition. Currently used as a store room and workshop it has a myriad of potential uses including a man cave or kids retreat.
If you want to live in one of Townsvilles most exclusive Blue Chip neighbourhoods surrounded by magnificent homes and you want million dollar views on a budget then this is a once in a lifetime opportunity. This potential of this property is limited only by your imagination. The Vendor is on the move and the home of 35 years must reluctantly be sold. To enquire about this special home or to arrange a private viewing please contact Exclusive Agent Simon Wright.