SoldJan 14, 2026

1501 Ocean Dr, Lake Cathie, NSW, 2445

$995,000

5
3
3
175 m²
670.3 m²

House

7 days on the market

Sold: Jan 14, 2026

What's around 1501 Ocean Dr

Rare Dual-Living Opportunity Invest, Live In or Earn Extra Income

Opportunities like this don't come along often. This much-loved dual-living property offers a flexible setup that suits investors, extended families or anyone wanting extra income while enjoying their own space. With two separate homes on the one title, you can choose what works best for you - live in the main house and rent the second dwelling, keep family close but independent, or simply enjoy the extra income. The rear two-bedroom home is currently tenanted, providing an immediate income stream, while the front residence is ready for its next chapter - or take advantage of the opportunity to rent both homes for strong investment returns. The main residence is designed for easy, level living. It offers three comfortable bedrooms, two bathrooms, and a seperate double lock-up garage. The open-plan tiled living area flows out to a large covered and enclosed rear patio - a great spot for weekend BBQs, a quiet drink or catching up with friends. Out the front, there's a secure private yard where kids and pets can play safely. Located at the rear is a free-standing two-bedroom residence that is modern, light-filled, and well designed. It offers two generous bedrooms, a bathroom with a separate toilet, a separate lounge room, plus ceiling fans and a dishwasher. A covered front patio provides a relaxing outdoor space, while the large covered carport (5.6m x 5m) offers additional parking or sheltered entertaining. Perfectly located just a 200-metre stroll to Middle Rock beach access, where you can enjoy a morning swim, try your luck fishing, or simply relax by the sound of the waves. Woolworths shopping centre, Lake Cathie Primary School, the medical centre, and the lake foreshore are all just a short drive away, with public transport close by for easy, everyday convenience. Whether you're looking to invest wisely, support family, or create a home that pays for itself, this property offers a rare level of flexibility and opportunity. Property Details: Council Rates: $3,200 pa Land Size: 670.3 sqm Rental Potential: 1501 Main house $580 - $600pw 1501A currently rented for $410.00pw 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.

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