Situated in a prime location just a short stroll from the shores of Lake Macquarie, 17 Belmont Street, Swansea presents an exciting opportunity for investors, renovators, and those seeking dual-living arrangements. This property includes two dwellings, featuring a fully council-approved granny flat at the rear, offering immense flexibility and potential for future growth.
The front dwelling, a one-bedroom home, is in original condition and provides a fantastic opportunity for renovation. With timeless features such as timber flooring, an older-style kitchen, and bathroom, this home presents the perfect canvas for those looking to restore, modernise, and create a stylish coastal retreat.
The rear council-approved granny flat, built in 2012, offers a two-bedroom layout with a practical open-plan living space, kitchen, and combined bathroom/laundry. Although it may not reflect contemporary design trends, the granny flat offers excellent functionality and is ideal for rental income, extended family, or guest accommodation.
The property is zoned R2 Low Density Residential, with a council-approved granny flat already in place at the rear. This zoning also offers a range of future development opportunities, providing exciting potential for future growth and development.
Set in a highly sought-after location, just 280 metres from the Swansea Channel, the property is conveniently close to local amenities such as Swansea Shopping Centre, schools, cafés, and beautiful beaches, providing the perfect balance of coastal living with easy access to essential services.
For investors, this property offers dual-income potential through the separate front and rear dwellings. Renovators will appreciate the opportunity to restore and enhance the front home, adding value over time. Additionally, those seeking dual-living arrangements will benefit from the fully approved granny flat, offering the option of independent living while still being close to family.
Whether you're an investor, renovator, or looking for a dual-living property, 17 Belmont Street offers the potential to cater to a variety of needs. This is a rare opportunity to secure a property with endless possibilities in one of Swansea's most desirable locations.
Key Features:
. Council-approved two-bedroom granny flat, offering flexible living options
. Original one-bedroom front dwelling with potential for renovation
. Classic features, including timber flooring, older-style kitchen, and bathroom
. Ample off-street parking for multiple vehicles, trailers, or recreational use
. Prime location just 280 metres from the Swansea Channel, close to local amenities
. Perfect for investors, renovators, or those seeking dual-living opportunities
. Easy access to Swansea Shopping Centre, schools, cafés, and beaches
. Don't miss your chance to secure this versatile and promising property in the heart of Swansea - an opportunity brimming with potential, ready to be realised.
Approximate annual rate returns:
Water Rates: $2,224 *includes occupants' water usage
Council Rates: $2,368
