A rare and highly sought-after opportunity to secure an entire block of three units on one title, perfectly positioned just two streets back from the beach. This high-performing investment offers immediate rental income with impressive potential for growth through value-adding upgrades. Whether you're an investor seeking strong yields, future redevelopment value, or a low-maintenance addition to your portfolio, this property delivers.
Current Rental Income & Market Potential:
1/44 Stephanie Ave
� Current Rent: $380/week
� Market Rent: Approx. $420/week
2/44 Stephanie Ave
� Current Rent: $350/week
� Market Rent: Approx. $420/week
3/44 Stephanie Ave
� Current Rent: $400/week
� Market Rent: Approx. $420/week
Key Features
- An entire block of 3 units on one title
- All units currently tenanted
- Significant upside with simple cosmetic upgrades
- Strong rental demand in a premium coastal location
- Two streets from the beach - highly desirable for tenants and future buyers
- Ideal long-term hold, Airbnb opportunity (STCA), or redevelopment site
Investor Highlights
- Solid current rental return
- Attractive uplift potential from bringing all units to market rent
- Outstanding location ensuring continuous high occupancy
- Very limited supply of full unit blocks on single titles near the beach
Don't miss this exceptional opportunity to secure a high-performing coastal investment with strong future growth
potential
