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86 Osborne Parade, Warilla
Sold For $1,210,000
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For Sale
Property Details
Property Type BlockOfUnits
House Size 151m²
Land 581m²
BLUE-CHIP INVESTMENT - BLOCK OF 3 UNITS ON ONE TITLETWO STREETS BACK FROM THE BEACH
A rare and highly sought-after opportunity to secure an entire block of three units on one title, perfectly positioned just two streets back from the beach. This high-performing investment offers immediate rental income with impressive potential for growth through value-adding upgrades. Whether you're an investor seeking strong yields, future redevelopment value, or a low-maintenance addition to your portfolio, this property delivers.
Current Rental Income & Market Potential:
1/86 Osborne Parade
• Current Rent: $265/week
• Market Rent (after paint, carpet & blinds): Approx. $400/week
2/86 Osborne Parade
• Current Rent: $360/week
• Market Rent: Approx. $380/week
3/86 Osborne Parade
• Current Rent: $360/week
• Market Rent: Approx. $380/week
Key Features:
- Entire block of 3 units on one title
- All units currently tenanted
- Significant upside with cosmetic upgrades
- Strong rental demand in a premium coastal location
- Two streets from the beach - highly desirable for tenants and future buyers
- Ideal long-term hold, Airbnb opportunity (STCA), or redevelopment site
Investor Highlights:
- Solid current rental return
- Attractive uplift potential from bringing all units to market rent
- Outstanding location ensuring continuous high occupancy
- Very limited supply of full unit blocks on single titles near the beach
Don't miss this exceptional opportunity to secure a high-performing coastal investment with strong future growth potential.
Features
- Toilets (3)
- Close to Shops
- Close to Transport
- Kitchenette
Property Brochures
- Property ID VM8HQZ
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For Sale
Property Details
Property Type BlockOfUnits
House Size 151m²
Land 581m²
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