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31 Nariah Crescent

Toormina, NSW 2452, Australia
$935,000
3 bed 1 bath 1 car

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Area Price Guide
$878,900$991,100

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$940,600
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About this property

Set on an elevated and expansive 1,104m2 parcel, this versatile property presents an outstanding opportunity for families, investors, and developers alike. Internally, the home offers a low-maintenance lifestyle with charming cypress pine timber flooring throughout, complemented by an updated kitchen and laundry. These improvements enhance the home's warmth and character while still leaving scope for future renovations to add your own taste and flare to the space. The light-filled living area enjoys a desirable northern aspect and is serviced by a split system air conditioner for year-round comfort. It flows seamlessly through to the dining space and updated kitchen, which features stone benchtops, ample storage, a dishwasher, and modern electric cooking appliances. The adjoining laundry continues the same finishes and provides direct access to the rear yard. Accommodation includes three well-sized bedrooms; all fitted with built-in wardrobes and ceiling fans. The central bathroom (original) offers both a bath and shower, with a separate toilet for added convenience. Downstairs, the single garage provides excellent storage options along with space for a workshop, with scope to enhance or expand this area if desired. Outside, the backyard is exceptionally large and offers endless possibilities, whether it be space for the kids, room for entertaining, or future improvements such as a pool, landscaping, or additional shedding. Positioned in a friendly and convenient pocket, the home is within walking distance to local schools and only a short drive to Toormina shopping centre or Sawtell Village for cafes and pristine beaches. Development Opportunity STCA The property has previously had Development Approval (DA) for subdivision into two Torrens Title lots which expired in March 2026. The owners have re-submitted the DA to council for renewal with intentions of having an approved DA available upon sale.The proposed rear lot is suitable for a family-sized home, offering excellent potential for dual income/investment or could provide a wonderful opportunity for families buying together that want separate living within close proximity. Key Property Features: - Large 1,104m2 elevated block - Previously approved DA for subdivision into two Torrens Title lots - Three bedrooms, all with built-in wardrobes + ceiling fans - Light-filled living area with northern aspect - Updated kitchen with stone benchtops and modern appliances - Renovated laundry with additional storage - Timber flooring throughout - Split system air conditioning and ceiling fans throughout for year-round comfort. - Spacious backyard with excellent future potential - Solar power system installed - Walking distance to schools and short drive to shopping centre and beaches Whether you're searching for a comfortable family home, a smart investment, or a property with exciting development potential (STCA), this is an opportunity that delivers flexibility, space, and future upside. Please note the property is currently tenanted with the tenant interested in renewing the lease if suitable. This lease term ends in July 2026. Approximate Council Rates: $3,520 Per Annum Estimated Rental Income: $680-$700 per week Land Size: 1,104 sqm - zoned R2 (low density residential)

Property Features

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    Repayment calculator

    $4,533/month
    $2,266 /fortnight
    Loan $748,000 at 6.10% over 30 years

    Upfront costs

    Deposit$187,000
    Stamp duty$32,729
    Conveyancing (est.)$2,000
    Total upfront$221,729
    Verify with NSW revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    1
    Parking
    1
    Listed
    Today

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