Massive waterfront property at Avalon set to fetch between $20 and $30 million

COULD this be the northern beaches’ most expensive property?

It might not have the monster mansion, the wet-edge pool or the tennis court.

But it does have what is being touted as Sydney’s largest private beachfront property with more than 119m of private beach, a deep waterfront and a jetty/wharf.

And it could be yours if you have somewhere between $20 and $30 million.

‘Marara’ as it is called, stretches across 12,685sq m of waterfront in Cabarita Road at Avalon Beach. With six separate titles, the property includes three homes, two boathouses, one massive wharf/jetty and a slipway.

Hot Homes: Does size matter?

COULD this be the northern beaches’ most expensive property?

It might not have the monster mansion, the wet-edge pool or the tennis court.

But it does have what is being touted as Sydney’s largest private beachfront property with more than 119m of private beach, a deep waterfront and a jetty/wharf.

And it could be yours if you have somewhere between $20 and $30 million.

‘Marara’ as it is called, stretches across 12,685sq m of waterfront in Cabarita Road at Avalon Beach. With six separate titles, the property includes three homes, two boathouses, one massive wharf/jetty and a slipway.

 

Financier Peter Higgins at Cabarita Rd which is for sale for only the second time in 80 y

Financier Peter Higgins at Cabarita Rd which is for sale for only the second time in 80 years.

The owner is Peter Higgins, one of the original founders of Mortgage Choice. Mr Higgins and his brother Rod set up Mortgage Choice in 1992 and both remain shareholders and directors of the company.

In recent years Mr Higgins has expanded his business interests internationally in the technology sector, and is an active member of the polo community. He now calls a 500 acre riverfront property in Richmond home.

However he came back to his beloved Marara to show it to the Manly Daily.

“You can only do so much with one life,” he said when asked why he was selling up. “We have so much happening we just don’t get to come here like we used to.”

A jetty and deepwater position allows for the biggest of crafts to be moored onsite.