Discover an extraordinary investment opportunity in the ever so popular suburb of Ettalong Beach. Whether you're a savvy investor or a growing family, this unique property ticks all the boxes for comfort, convenience, and versatility. Nestled on a highly sought-after street offering triple accommodation in the form of a house, granny flat and cabin.
The house boasts four bedrooms, one bathroom, separate living and dining areas with a large open kitchen. Not to mention a wide driveway and spacious front yard.
Accessed down the side and from the rear lane, the near new granny flat features two bedrooms, one bathroom and an open planned living space which flows out onto the undercover entertaining deck overlooking a private grassed back yard.
The cabin or sleep out if you like, also accessible from the side pathway or rear lane offers a near single garage, an open area combining bedroom, dining room and living space with a separate kitchenette and bathroom.
Take advantage of Ettalong Beach foreshore, located at the end of the street and only a short 700m/9 minute stroll away, where you will be greeted by sun, sand and a comforting coastal sea breeze. Also within close proximity is Springwood Bowling Club, taking 5 minutes (350m) to walk there a more appropriate term used would be "stumbling distance".
Total estimated rental return: $1,500pw.
House rental income: Existing lease - $580pw. Current market estimate - $750pw.
Combined Granny Flat & Cabin rental estimate: $490pw & $260pw = $750pw
Council rates: $710pq - Water rates: $290pq.
Properties with this much to offer are a rare commodity, so to truly appreciate this opportunity an inspection is highly recommended. So don't delay contact me today before this one slips away - Jackson White - Ray White Umina Beach - 0432 854 221 - jackson.white@raywhite.com
Disclaimer: We have obtained all information herein from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
