WEALTH

Your property strategy must start with an understanding of what is the “ideal” property for you.

I have used a variety of strategies when buying and investing over the last 20 years and want to share my lessons. Working across all types of property sectors personally, as an auctioneer and real estate owner dealing with clients provides a unique 360 perspective and a real competitive edge. Your property strategy must start with an understanding of what is the “ideal” property for you. This may depend on your risk profile, goals, what you’re looking to do, budget, income, and also your knowledge. If selling, do you know how to promote it? If not, it can be quite risky. You need to understand yourself first and where you want to go before, I can recommend what to look at and the location. There are lots of different strategies and choices with property including - Buy and Renovate. This is one of the safest property strategies. You can look at a property that’s got foundations and assess the property and location against your

X DAVID GRAY

ideal buying criteria. Buy and renovate means that you can buy and add value from day one. So if you wanted to invest in Port Macquarie, around either Clifton or Flynns beach. You could buy a house for around $450,000, plan to spend $50,000 or less on a renovation, and build an asset worth $500, 000. Buying and renovating is not a get rich scheme. It is a proven strategy to add value from day one. If you hold onto the property you can let the compound interest work on this asset over time. Ideally, we would like to buy, renovate and sell to build wealth. The market cycle is a key variable that can impact all of the steps.

CRESCENT HEAD

FOR SALE | 1/10 ALLMAN PLACE, CRESCENT HEAD

Talk about luxury Villa living! Brimming with character this beautifully renovated villa sits in a quiet culdesac just a short level walk to the village shops, patrolled main beach, and shallow waters of killick Creek. Be prepared to fall in love from the moment you walk through the door with charming features such as timber beam raked ceilings and polished hardwood flooring, perfectly complemented by a fresh white colour palette. Coastal style rattan pendant lighting adds to the beachy holiday vibe. The layout includes two beautifully appointed bedrooms with built in robes, stylish brand-new bathroom, and an open plan kitchen, living, and dining area filled with streams of natural light. Take your pick from two outdoor areas including a private timber deck or the sunny north facing verandah. In addition is a lock up single garage with secure access to indoors.

UNDER CONTRACT | 4 BETTS STREET, EAST KEMPSEY

Lovingly maintained with pride this charming 2BR cottage is absolutely gorgeous. Little wonder this location is so highly sought after with peaceful views of greenery across natural surroundings and walking distance to the main shopping centre. Boasting modern updates such as quality bamboo flooring, new guttering, retaining wall and freshly painted exterior and interior, the home retains its heritage charm delivering a warm, cosy, and inviting feel. The layout includes two privately positioned bedrooms, spotless bathroom, and an open plan kitchen, dining and living area opening onto a huge, covered timber deck, ideal for relaxing or entertaining in privacy.

For added convenience there is a second bathroom combined with a laundry space, including a classic freestanding clawfoot bathtub. Brand new air conditioning and ceiling fans provide year round comfort. The perfect home for downsizing outdoors is low maintenance with easy care established gardens and manageable level lawn. Parking and storage are plentiful with drive through access to a carport and colorbond tandem garage. The backyard is secure so suitable to accommodate pooch and a safe area for children to play. Never to be built out with tranquil countryside views this property offers the best of both worlds located just 300m to East Kempsey Public School , 900m to the shops, and 7-minute drive to the Hospital. Click Here For More Information

FOR SALE | 38 STEWART STREET, CRESCENT HEAD

Here's an exciting opportunity to live or invest in a gorgeous character filled 4BR beach house positioned in a dress circle location in the popular holiday and surfing destination of Crescent Head. North facing embracing natural light, sea breeze, and panoramic ocean vistas, the home is set over two levels with its versatile layout providing suitability for a separate living arrangement, trendy Airbnb, family home by the seaside, or holiday escape with friends.

Additional features include built in timber desk, ceiling fans, panelled ceilings, cedar timber façade, old world push up windows, quality stainless steel kitchen appliances, solar hot water, side access to a double carport, and low maintenance resort style tropical gardens.

FOR SALE | 3 RICHARD ELRINGTON ST, CRESCENT HEAD

How about this for a fabulous little spot. Talk about spoilt choice! This charming 3BR brick home sits on a large corner block in a peaceful and picturesque setting directly across the road from National Park and within 1.5km walking distance to the village shops and patrolled main beach. All set up and ready to move in or invest, the interior has been freshly painted throughout in addition to brand new carpets, lighting, blinds and so much more. The layout includes a master bedroom with ensuite and walk in robe, two versatile guest bedrooms, main bathroom with a bath, neat and tidy kitchen, and an open plan living and dining area with a newly updated sunken lounge area, wrap around timber outdoor entertaining deck with built in spa-bath, perfect to chill out soaking up the winter sun with birdsong in the background.

FOR SALE | 1/5 BAKER DRIVE, CRESCENT HEAD

Eager to add a wise investment to your property portfolio, or purchase your first home and transform into the beach terrace of your dreams? Then look no further! This centrally located terrace home is set over two levels with upstairs offering three bedrooms, all with built-in robes, and full bathroom including bathtub and separate WC. Downstairs is an open living and dining area providing the comfort of air-conditioning, opening onto a lowmaintenance paved courtyard with easy care tropical gardens. Tucked away is a neat and tidy kitchen with plenty of storage and an adjoining laundry with WC. Let's be honest, you can't go wrong in this prime location with just minutes stroll to popular cafes, delicious eateries, renowned Bakery, Tavern, and Country Club. It's a surfers and sun lovers haven with patrolled main beach a leisurely.

FOR SALE | 4 KINCHELA STREET, CRESCENT HEAD

If you are looking for a home with heart, something authentic that feels like a sanctuary of tranquillity then look no further than 4 Kinchela St Crescent Head. Offered for the first time in 24 years this beautifully renovated home is set back in a quiet leafy street with a peaceful outlook across the Pacific Ocean and mountainous hinterland. A short level stroll leads to patrolled main beach, village shops, golf course, and alfresco eateries or the other way is a short walk to National Park and the beautiful back beach & coastline of Point Plomer. Step inside and discover a gorgeous country style kitchen and spacious living and dining area opening onto a large fully screened patio. Bifold doors open fully cleverly drawing the surrounding greenery outdoors to indoors, reverse cycle air conditioning and ceiling fans provide year-round comfort.

HOLIDAY HOME

BERANGHI HOMESTEAD

811 Beranghi Road, Crescent Head, NSW, 2440

Built in the 1800s, Beranghi Homestead is a lovingly restored, characterfilled farmhouse set on 70 acres of tranquil farmland, just a stone’s throw from the famed surf town of Crescent Head. As one of original homesteads of the mid-north coast region, Beranghi is rich in history, previously serving as a working dairy farm, a post office and school house. Having recently undergone an extensive renovation, today it provides families and friends with the perfect place to get away and enjoy slow days and special times.