Set in a prime coastal location, just a stroll to The Entrance patrolled beach, Rock Pools, shops, school and public transport, this substantial property presents a rare and exciting opportunity for investors or developers.
With six existing units across two levels and the potential to convert a rear storage area into a seventh (STCA), the income potential is impressive.
Upstairs Features:
* Spacious 3-bedroom unit featuring a large front veranda with ocean views, master with walk-in robe and ensuite, plus built-in robes to other bedrooms.
* The 3-bedroom unit was used by the owners for lifestyle living. (rental estimate: $500–$520/week)
* Separate 1-bedroom, 1-bathroom unit with single carport.
Downstairs Features:
* Four x 2-bedroom, 1-bathroom units, all currently tenanted.
Potential income for all 6 properties could receive approx. up to $130,000PA
Further Potential: Convert the rear storage area into a 7th unit (STCA) to further increase return.
Location Highlights:
* Approx. 550m walk to The Entrance Ocean Baths
* Approx. 700m to Coles, cafes, and specialty shops
* Close to beaches, schools, and public transport
* Approx. 14km to Tuggerah Westfield & M1 Motorway
Whether you're looking to landbank, invest or redevelop (Zone R3), this is a blue-chip opportunity in a tightly held lifestyle location. Don't miss your chance to secure this impressive coastal investment. 6 units on one title.
* Water Rates $102.00 Per Week
* Council Rates $100.00 Per Week
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