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Description: Character Home, Passive Income, Future Potential
33 Broadway, Burringbar presents an exceptional opportunity rarely found in today's market. Combining a beautifully restored character home with an approved four-tenancy mixed-use development, this property delivers both immediate enjoyment and outstanding future potential.
Importantly, the existing character home remains and does not need to be demolished as part of the approved development. This allows purchasers to continue enjoying the residence, generate passive rental income, or live comfortably on-site whilst progressively undertaking the approved commercial development.
Positioned on approximately 1,000m2 in the heart of Burringbar Village, the charming three-bedroom residence occupies approximately 400m2 of the site, leaving approximately 600m2 available for future development.
This unique offering provides buyers with remarkable flexibility:
• Live in the home and enjoy the village lifestyle
• Lease the residence and generate rental income
• Operate a business from the site (subject to approvals)
• Construct the approved commercial development in stages
• Hold as a strategic investment for future growth
Approved Four-Tenancy Development
Adding significant value is the existing Development Approval for:
• Hairdresser - 33m2
• Café including courtyard - 156m2
• Takeaway - 89m2
• Food Factory including mezzanine - 96m2
An additional benefit of the approval is the inclusion of 13.5 existing car parking credits attributable to the site's previous use, providing a valuable planning advantage for future owners.
The approval has been designed to allow for staged construction, giving future owners the flexibility to develop at their own pace while continuing to occupy or lease the existing residence and derive an income from the property during the development process.
With the home remaining as a valuable asset throughout the process, purchasers have the rare advantage of securing an income-producing residence together with a shovel-ready commercial development opportunity on a single title.
Soil remediation works have already been completed, further enhancing the property's development readiness.
The Story of the Home
Proudly positioned within the village streetscape and enjoying views across surrounding farmland and rolling green hills, the residence showcases the timeless appeal of a traditional Northern Rivers character home.
Beautiful hardwood flooring, period features, ducted air-conditioning and quality hardwood fencing create a seamless blend of heritage charm and modern comfort.
Rarely Does One Property Offer Both
A charming home for today. Approved development for tomorrow. Two opportunities. One exceptional property.
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