2 Trial St, South West Rocks, NSW, 2431 - House Sold on 16 09 2022

SoldSep 16, 2022

2 Trial St, South West Rocks, NSW, 2431

Amount undisclosed

436 m²

House

•

24 days on the market

Sold: Sep 16, 2022

What's around 2 Trial St

This One Screams "Potential !"

This is a classic Aussie beach style property; it has weathered with the sea breezes and sun and feels like it belongs to the original streetscape of many years ago when South West Rocks was a small fishing village. Currently 2 flats that are simple in design yet comfortable and functional with timber floorboards, open plan living and kitchen area and 2 bedrooms. The top flat has a small veranda to enjoy the cooling sea breezes with its north east aspect. This is one for the astute investor. 2 flats in an excellent location with the potential for a gross return of 5% on your investment. A better option than money sitting in the bank. The flats are within 200m walk to the Country Club and golf course and 500m walk to Main Beach and shops and are on the corner of a quiet side street. Rental supply is in short demand and these units could generate $700 per week as permanent rentals. One is currently rented for $350 per week You could choose to give it a facelift and keep the original beach village style adding some flourishes to showcase the classic era but with a fresh feel, or as the land is zoned R3 medium density, you could consider your options and come up with something new, your own beach house in your own style or units STCA. It is a corner block so access is great and there is scope for design options. This is an amazing opportunity in the right location and an excellent addition to any investment portfolio right now. With 2 units you also have the option to rent one out and use the other as your holiday home, enjoying all the goodness that South West Rocks has to offer whenever you want, the world-famous beaches, national parks and abundant ocean life. Why not consider holiday rental for both so you can add to your income in the times you are not using it as it will be sure to be a hit with holiday makers looking for a classic and memorable beachside experience. Call for an inspection, time to get the investing juices flowing! - 2 x 2 bedroom flats - 2 bathrooms - Off street parking - Zoned R3 Med Density Residential - 200m to Golf Course and country club - 500m to Main Beach - 500m to shops, cafes, CBD - Storage shed Property Details: Council Rates: $4086 pa Land Size: 436 sqm Rental Potential: $700 per week 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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Seller's review

over 3 years ago

Verified Review

Communication Plus!!

Phil acted as my agent on both the sale of my property and the purchase of another both in South West Rocks. On first meeting I found him to be friendly, positive and professional. During the course of both sale and purchase he kept me informed and there was never a moment where I was left ‘hanging’ or unsure as to progress of both transactions. Any enquiries or requests I had made of Phil were always dealt with promptly. He was able to instil confidence in me when I had doubts over my sale for which I thank him. Awesome job Phil - 10 out of 10!!

Seller