86 & 86A Forest Lane, Old Bar NSW

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86 & 86A Forest Lane, Old Bar

Sold For $767,000

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For Sale

Property Details

Property Type House

Land 650.80m²

DUAL OCCUPANCY - STRONG INVESTMENT RETURN

86 & 86A Forest Lane presents an exceptional opportunity for savvy investors or SMSF buyers. Built in 2017•, this contemporary dual-occupancy property offers flexibility, income security, and long term growth appeal.

The residence includes two separate dwellings under the one roofline:

Studio Apartment - perfect as a rental, guest suite or private retreat. Features its own bathroom and single garage and currently leased for $270/week (market rent estimated to be $360/week).

Three Bedroom Home - well appointed with open plan living, full bathroom, and single garage and currently leased for $480/week (market rent estimated to be $520/week)..

Currently leased to excellent long term tenants, there are opportunities for rental increases with an estimated market rent of approximately $880/week – delivering strong yield potential in one of the Mid North Coast's most in demand beachside communities.

Whether you're looking to expand your portfolio, secure a high performing asset for your SMSF, or invest with confidence in a modern and low maintenance property, this is an opportunity worth serious consideration.

For more information or to arrange an inspection, contact: Adam Stevenson on 0409 607 967.

Disclaimer: All information contained therein is gathered from relevant third party sources.
We cannot guarantee or give any warranty about the information provided.
Interested parties must rely solely on their own enquiries.
•Approximate areas, distances, times

Features

  • Built-In-Robes
  • Council Rates $3991 approx per Annum

Property Brochures

  • Property ID P1UF6X

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For Sale

Property Details

Property Type House

Land 650.80m²

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