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23 Lorikeet Way

Tallwoods Village NSW 2430

4
3
2
1145 m²
House
Currently for sale - view listing

Overview

Smart Design Meets Smart Returns Dual Income overlooking the Fairway

Investor Appeal Dual Income, Premium Finish, Immediate Returns This brandnew dualresidence presents an exceptional opportunity for investors seeking strong cash flow, longterm growth and excellent tax efficiency in a tightly held lifestyle location. The main threebedroom residence is estimated to achieve $650$680 per week, while the fully selfcontained onebedroom secondary dwelling is expected to return $380$400 per week, delivering a combined potential income of approximately $1,030$1,080 per week from day one. As a newly completed build, investors will benefit from a substantial depreciation schedule, allowing for building writeoffs and eligible fixtures and fittings to significantly enhance aftertax returns during the early years of ownership. With two separate dwellings, modern construction and broad tenant appeal, this is a genuine setandforget investment with minimal ongoing maintenance. Architectural Refinement with HighEnd Inclusions Beyond the numbers, the property showcases exceptional craftsmanship and thoughtful design. Clean squareset finishes, premium vinyl plank flooring and multiple reversecycle splitsystem air conditioners provide modern comfort throughout. A standout inclusion is the installation of custom Japaneseinspired Shoji screens, valued at approximately $9,000, adding a refined architectural layer while allowing flexible zoning of living spaces. These bespoke features elevate the home well beyond standard construction and underscore its premium positioning. Main Residence Designed for Lifestyle and Function The main dwelling centres around a striking designer kitchen with waterfall stone benchtops, ideal for both daily living and entertaining. Three beautifully finished bathrooms feature floortoceiling tiling, delivering a cohesive, contemporary aesthetic. A dedicated builtin office captures uninterrupted golfcourse views, creating an inspiring workspace ideal for remote professionals or homebased business use. A spacious double garage, complemented by additional offstreet parking, ensures everyday practicality without compromising on design. Secondary Dwelling Independence, Privacy and Versatility The secondary onebedroom residence is fully selfcontained and intelligently designed for comfort and independence. With its own lightfilled living area, modern finishes, vaulted ceiling and tranquil golfcourse outlook, it appeals equally to longterm tenants, shortterm guests or extended family members. This dwelling significantly enhances the overall value proposition, providing flexibility for dualincome investment, multigenerational living or owneroccupiers seeking supplementary income. Lifestyle Location with LongTerm Appeal Positioned on the Mid North Coast between Taree and ForsterTuncurry, the location offers a seamless balance of lifestyle and convenience. Beaches, shopping, dining, schools, medical facilities and recreational amenities are all within easy reach, while the golf course sits quite literally at your back fence, an increasingly rare advantage. A Rare Offering With architectural detailing, premium inclusions, and custom Shoji screens approx. $9,000, direct golfcourse access, dualincome capability and the protection of a 7year builder's warranty, this property represents a rare opportunity to secure both lifestyle and performance in one compelling package. Whether you're investing, accommodating extended family, or futureproofing with flexible living options, this is a highquality Mid North Coast offering that stands apart in both design and return potential. DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Features

4 bedrooms
3 bathrooms
2 carspaces
1145 m² lot size
House

Property history for 23 Lorikeet Way

2024
Sold
$225,000
Private Sale/Treaty on 26 Mar 2024 by Sam Roche, of Professionals Forster Tuncurry
2018
Sold
$112,500
Private Sale/Treaty on 06 Nov 2018 by Mark Andrews, of Andrews Gardner Real Estate

Happy sellers in Tallwoods Village

90%
90% of sellers in Tallwoods Village reported that their sale price either exceeded or met their price expectations.

Tallwoods Village stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Tallwoods Village over the last 12 months.

Local market activity for 4 bedroom houses in Tallwoods Village

In the last 12 months, 15 four-bedroom houses similar to 23 Lorikeet Way, have been sold.

This represents a 35% increase in four-bedroom houses sales when compared to the previous 12 months.

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