Positioned in a peaceful waterfront reserve setting, this unique property presents an outstanding opportunity for investors, extended families or those seeking a versatile property with multiple income streams.
Cleverly configured to provide two separate residences within the main two storey home, together with a Council-approved three-bedroom granny flat, the property offers three independent sources of rental income. Currently returning a combined $1,400 per week, it provides an attractive combination of immediate income, flexibility and long-term potential.
The upper level of the main residence comprises a well maintained three bedroom residence enjoying refreshing waterfront breezes and pleasant water views. Accommodation includes 3 bedrooms. functional kitchen opening onto the front verandah, separate lounge and dining areas, air conditioning and an enclosed sunroom. The rear verandah provides an ideal place to relax and enjoy the tranquil outlook. A single carport completes this residence, which is currently leased for $520 per week.
The lower level provides a separate 1 bedroom unit, offering an excellent additional income stream or alternative accommodation for extended family. The unit features a large bedroom with built in wardrobe, spacious living area, bathroom and its own laundry. It is currently leased for $380 per week.
Adding further appeal is the separate 2nd Council-approved dwelling that's positioned to take advantage of the property's waterfront reserve setting. Offering features such as 3 bedrooms, modern bathroom, an additional toilet, air conditioning, rear enclose deck that has incredible water views and a lockable storage area under the deck allow room for the kayak. This is currently leased for $500 per week.
The property also includes a single lock-up garage, currently configured into two separate storage areas, together with additional off-street parking, making this the complete package.
With all areas separately leased giving a current combined rental return of $1,400 per week, and a highly desirable waterfront reserve position, this is a rare opportunity to secure a versatile property offering both strong holding income and flexibility for the future.
Whether you're seeking a diversified investment, accommodation for multiple generations, or a property that provides immediate income with further potential, this unique offering deserves your inspection.
DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure otherwise, LJ Hooker Budgewoi | Toukley does not make any representation as to the accuracy of any of the information contained in the advertisement, does not accept any responsibility or liability and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.
