Positioned just 180 metres from Laurieton's main street, 22 Laurie Street offers a rare combination of scale, income potential and flexibility across two separately accessed residences.
The property is currently configured as a substantial five-bedroom residence upstairs and a separate three-bedroom residence on the lower level.
The upper residence is currently leased to a long-term tenant at $570 per week until 13 November 2026, with an estimated current market rent of approximately $650 per week. It offers five bedrooms, two bathrooms, generous living areas, high ceilings, fireplace, ceiling fans and large timber balconies.
Downstairs is currently vacant and provides three bedrooms, a full kitchen, bathroom, laundry and living area, together with internal access from the garage. Previously utilised as chiropractic and consulting rooms, the lower level retains some elements of its former professional use and provides an interesting opportunity for buyers seeking a home office, consulting space or other work-from-home flexibility, subject to their own enquiries and any necessary approvals.
With an estimated rental potential of approximately $500 per week downstairs, the property at full potential could provide a combined market rental income in excess of $1,100 per week, making it particularly appealing to investors seeking a substantial dual-income holding.
Beyond the accommodation, the property includes a powered shed of approximately 8m x 4m at the rear, with practical vehicle access via the adjoining side laneway. Parking is well catered for with a tandem-style carport servicing the upper residence and a garage with internal access for downstairs.
The location adds another important dimension. From here, Laurieton's shops, cafes, supermarkets, medical services and everyday conveniences are virtually on the doorstep, while the Camden Haven River and the broader coastal lifestyle are also within easy reach.
This is not a conventional residential property. Its combination of eight bedrooms, three bathrooms, two separate living areas, established rental income, potential dual income, former professional use and outstanding central location creates opportunities for a wide range of buyers.
The property is functional and offers plenty of immediate versatility, however purchasers should also allow for some ongoing maintenance and improvement to parts of the external timberwork. This provides an opportunity to update and enhance the property over time while capitalising on its size, flexibility and central Laurieton location.
Property features include:
* Five-bedroom, two-bathroom upper residence
* Three-bedroom lower residence with full kitchen, bathroom and laundry
* Separate external entrances to each level
* Upstairs leased at $570 per week until 13 November 2026
* Estimated market rent approximately $650 per week upstairs (although excellent long term tenants currently in place and keen to stay)
* Estimated rental potential approximately $500 per week downstairs
* Combined estimated market rent approximately $1,150 per week
* Former chiropractic and consulting-room use downstairs
* High ceilings, fireplace, ceiling fans and large balconies upstairs
* Tandem-style carport plus garage with internal access
* Powered rear shed approximately 8m x 4m
* Side laneway providing vehicle access to the rear yard and shed
* Approximately 670sqm allotment
* Only around 180 metres from Laurieton's main shopping precinct
*** ALL BOUNDARY MARKINGS IN AERIAL PHOTOGRAPHY ARE APPROXIMATE ONLY ***
