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
|R&H Suburb Summary||Houses|
|Number of sales||114|
|Median Rental Price||$600 p.w.|
|Change in Rental Rate (5yr)||15 %|
|R&H Suburb Summary||Units|
|Number of sales||16|
|Median Rental Price||$425 p.w.|
|Change in Rental Rate (5yr)||6 %|