20-22 Cashmore Street, Evans Head NSW 2473

Multi-unit complex | 6-bed house option | 75% owner-occupied street | Evans Head central | 863m² land allocation The buying case here rests on the unusual land-to-dwelling ratio at 20-22 Cashmore Street, where a compact unit sits on 863m² of land in a tightly held coastal suburb. For a buyer seeking land banking potential or future subdivision optionality, this configuration is rare in Evans Head’s current market. The 6-bedroom house within the same complex broadens appeal for multi-generational living or dual-income rental strategies. With 75% owner-occupancy on the street and an average local age above 60, demand is stable, low-turnover, and tilted toward long-term holders rather than flippers. This property best suits a buyer who values positional leverage over immediate cosmetic perfection. The primary risk is the building’s multi-unit profile, which may complicate strata or body corporate arrangements if the land is ever subdivided. Buyers should verify encumbrances and shared infrastructure costs before committing. On opportunity, the rear balcony with pool views and fully fenced sections add lettable appeal for the 25% rental cohort in the area. NBN and 5G connectivity support remote work, though these are secondary. Hold this property for land appreciation and rental yield; do not overcapitalise on finishes until the title structure is clarified.