House for Sale
Super Charged Investment - Brick Home + Development Site!
Property ID 2016589Get your money working for you with this Super Charged investment opportunity, offering both solid holding income plus the potential to redevelop now or later. Ideal for buyers looking value packed investment opportunity in one of the Country's best performing markets, just over 1 hour's commute to Sydney CBD via rail.
* 696m2 R1 Zoned land - suit 2 x villa/duplex redevelopment (STCA)
* Approx 15 metre frontage
* 10 minutes walk to Ettalong Beach
* Brick house plus detached studio - potential for excellent holding income whilst you plan to develop, or ideal as an ongoing passive investment
The brick veneer house is in reasonable condition throughout and would benefit from a basic cosmetic upgrade to increase rental income if desired. Features include:
* One large bedroom with walk-in robe plus a second smaller bedroom
* Air-conditioned, spacious living including separate lounge and dining areas
* Original functional kitchen
* Original functional bathroom
* Separate laundry
* Enclosed sun room for additional, year-round living
There is a fully self contained separate studio accommodation in the back yard which was previously leased. The studio could be included with the main house to increase rental returns as additional storage/teenage retreat. The studio is fully self contained with it's own bathroom and kitchenette.
There is ample off-street parking and storage with a detached single lock-up garage, shed and carport.