A rare dual-income opportunity awaits at 80 Parkes Street, Oak Flats, now showcasing a fully renovated front residence alongside a modern two-bedroom granny flat, with a projected combined rental return of $1100 per week. Perfectly positioned just minutes from Lake Illawarra, quality schools, Oak Flats Village, the train station, and a short drive to Stockland Shellharbour and pristine beaches, this property offers the ultimate balance of lifestyle and investment.
Set on a generous 695sqm (approx.) parcel of land, the property presents exceptional versatility. Investors will appreciate the strong dual-income stream, while owner-occupiers may value the opportunity to run a home-based business, with the granny flat easily adaptable into a salon, office, or guest accommodation.
The property features:
• Renovated front home with three bedrooms, engineered timber flooring, spacious lounge, sleek modern kitchen, stylish new bathroom, alfresco entertaining and level yard
• Secondary dwelling offering two bedrooms, open-plan living, neat kitchen and bathroom, shed, carport, and private yard
• Excellent development potential (STCA)
• Only 350m to the foreshore of Lake Illawarra
With tenants already in place and happy to remain, this is a secure and high-performing asset in one of the Illawarra's most sought-after suburbs. Whether you're expanding your investment portfolio, securing a property for your super fund, or seeking dual-living flexibility, opportunities of this calibre are rare. Contact Amanda Bonnici 0457 088 911 for further details.
