704 The Entrance Road, Wamberal, NSW 2260

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Sold

Sold for $700,000 (Jun 27, 2019)

SOLD by Raine&Horne

Offering two freestanding homes on a large 835sqm block, this unique property has a rare, dual occupancy approval, and is located in one of the Central Coast strongest property markets.

The property features a cute 3 bedroom “character cottage” at the front, with high ceilings and timber floors. Its original 1960’s condition has been beautifully maintained and it’s currently rented for $360/week

The rear house is around 20 years old and features a large 2 bedroom floor plan, a full length 12m rear deck and a lovely leafy outlook with some ocean glimpses. It has a reliable rent potential in the vicinity of $450/week.

Gross rent potential is comfortably in excess of $800/week and with only one set of rates payable, outgoings are kept to a minimum.

It is ideal as either a dual income producing long term investment, or as a primary home with separate income or for multi-family situations.

Situated close to both sets of Wamberal shops, its a stroll to a (doctor,chemist,physio,podiatrist, dentist, Darrons Seafoods, butcher, Post Office, newsagency, Wambi Whoppers, Thai take away, cafes, 24 hour service station, jeweller and hair salons), as well as the kids playground on Wairekai Rd and a safe footpath to the beach.

It is located directly opposite the best daycare centre in Wamberal, has a bus at the door and is close to Wamberal Primary School.

Affordable and offering a broad range of potential usages, this is without doubt the most unique property to hit the Wamberal market this year. Do not miss it!

NOTE: BEST PARKING FOR INSPECTIONS IS IN READS RD, OPPOSITE THE PROPERTY

Property Info:

  • Property ID: 2802923
  • Property Type: House
  • Garages: 1
  • Carports: 1
  • Open Parking: 2

We Know Your Area

R&H Suburb Profile: Wamberal

R&H Suburb Summary Houses
Number of sales 83
Average Price $1,216,964
Median Price $1,010,000
Median Rental Price $623 p.w.
Change in Rental Rate (5yr) 19 %
R&H Suburb Summary Units
Number of sales 11
Average Price $688,758
Median Price $645,000
Median Rental Price $468 p.w.
Change in Rental Rate (5yr) 11 %
Wamberal, NSW - Median Trend

School closest to 704 The Entrance Road

School name Distance
Aspect Central Coast School, Wamberal 1.2 km
Wamberal Public School
View Website
1.21 km
Terrigal Public School
View Website
2.5 km
Erina Heights Public School
View Website
2.63 km
Terrigal High School
View Website
2.71 km

"Distance" is a straight line calculation. Please contact your desired school to establish it's catchment area.

  • 704 The Entrance Road, Wamberal,
    New South Wales, 2260