Set on a mostly cleared parcel of RU4-zoned land, 13179 Pacific Highway, Coolongolook presents a unique opportunity for investors, lifestyle buyers, or those looking for a property with serious flexibility and multiple income streams already in place.
Currently tenanted with long-term occupants, the property offers a solid rental return across multiple dwellings and living spaces, making it an attractive option for buyers wanting an investment that is already working from day one. For those with a longer-term vision, there is also the appeal of space, land, and the relaxed coastal-rural lifestyle that Coolongolook is known for.
The main residence is cleverly separated by a breezeway, with one side comprising 5 bedrooms and 1 bathroom, while the other side offers 3 bedrooms and 1 bathroom. Adding even further flexibility, there is also a 2-bedroom, 1-bathroom relocatable home on site.
The property has had new fencing installed around the property, offers tank water, and includes a shed.
Positioned within easy reach of the coast, lakes, beaches, and the everyday conveniences of the Great Lakes region, it offers the best of both worlds: peaceful rural space with coastal living never too far away.
A property with income, flexibility and future upside - this is one to inspect with an open mind and a sharp eye.
Key Features:
Currently tenanted with long-term tenants
Strong combined rental return
Main residence separated by breezeway
main residence 5-bedroom, 1-bathroom then separated by a 3-bedroom, 1-bathroom section
2-bedroom, 1-bathroom relocatable home currently rented
New fencing around the property
Tank water
Majority cleared land
Ideal investment hold or lifestyle opportunity
Easy access to the coast, lakes and surrounding townships