Offering four two-bedroom units on a substantial 1,115m² block, 132134 Yamba Road combines established rental income with the opportunity to explore a longer-term vision.
Held under one title and offered as a complete investment, the property currently generates a combined $1,600 per week, equating to $83,200 per annum in gross rental income. Estimated market rental potential of approximately $510 - $540 per unit per week (based on current market conditions) would bring the combined return to $2,040 - $2,160 per week.
Unit 1 has been refreshed with new paint, an upgraded kitchen and new flooring, enhancing its presentation and providing a foundation for the property's next chapter.
Conveniently positioned between Yamba's town centre, beaches and Yamba Shopping Fair, the address places everyday shopping, cafés and coastal recreation within easy reach. It is a practical location for tenants wanting access to both the town's lifestyle attractions and essential amenities.
For investors, four rental streams within one acquisition offer the advantage of spreading vacancy exposure across multiple tenancies. Ownership of the entire block also provides control over the timing of improvements and the property's future direction.
For buyers looking further ahead, the generous landholding and medium density zoning invite investigation into future development opportunities, subject to Council approval. Existing rental income provides a holding return while options are explored.
Highlights
- Four two-bedroom units offered together under one title
- Substantial 1,115m² landholding
- Medium density zoning with development potential, subject to Council approval
- Current combined rental income of $1,600 per week
- Estimated market rental potential of approximately $510 - $540 per unit per week*
- Unit 1 refreshed with paint, a kitchen upgrade and new flooring
- Convenient position between town, beaches and Yamba Shopping Fair
- Opportunity to retain, progressively improve or investigate future redevelopment
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.
