5 Shearman Avenue

Raymond Terrace NSW 2324

601 m²

House

Currently for sale - view listing

Overview

SECURE TENANCY + DUAL OCCUPANCY POTENTIAL!

Investors looking for rental income today and future potential will want to take a closer look at 5 Shearman Avenue. This neat and tidy three-bedroom home is currently leased until 15 October 2026, providing an existing income stream while giving you time to consider the property's longer-term potential. A key feature of this property is its potential for dual occupancy, subject to Council approval. With a good-sized backyard and convenient drive-through access, the property provides an exciting opportunity for investors looking to explore options to maximise its future potential. The existing home offers three bedrooms with built-in robes, polished timber floors and reverse-cycle air conditioning. The bathroom would benefit from a makeover, providing an opportunity for the astute investor to add value and modernise the home over time. Outside, you'll find a carport, shed and a generous backyard with plenty of usable space. Conveniently positioned close to schools, shops, public transport and the town centre, the property combines a convenient location, existing tenancy and potential for future growth. Property Highlights • Three-bedroom home with built-in robes • Currently leased until 15 October 2026 • Existing rental income • Potential for dual occupancy, subject to Council approval • Bathroom requiring updating - an opportunity to add value • Good-sized backyard • Drive-through access • Carport and shed • Polished timber floors • Reverse-cycle air conditioning • Convenient location close to schools, shops, public transport and town This information has been provided to us by third parties and we do not accept responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.