170 Tuggerah Parade, Long Jetty, NSW 2261

  • 6
  • 3
  • 3

Sold

Sold for $860,000 (Aug 13, 2020)

Sold with Raine&Horne Blake Gray !

Call Blake Gray on 0448 822 123

STRONG INVESTMENT WITH POSITIVE CASH FLOW

With the demand for property in Long Jetty still increasing this is a rare find – one of the last original, untouched builds on Tuggerah Parade. This truly special opportunity offers a front-row seat to the beautiful Tuggerah Lake.

Comprising 6 bedrooms and 3 bathrooms. Configured as 3 separate units-all joined-with individual laundries and designated carports to each.

All 3 units are currently tenanted and provide for great return (5% Gross). Additional renovations and improvements would reflect higher rental returns still. Furthermore there is no Strata as the units rest on one title.

The property has a double frontage at approx. 32 metres which faces West to the Tuggerah Lake and foreshore reserve where the views are enviable, and the sunsets are even better.

The block is approx. 708 square metres in size and zoned R2 Low Density Residential. The development potential here is extremely exciting (subject to council approval).

Footsteps to the Tuggerah Lake bike track. Follow the bike track North to reach Picnic Point, The Entrance waterfront and The Entrance Beach. A moments walk to the vibrant and eclectic culture, cafes, shopping and entertainment at Long Jetty. Minutes to The Entrance, Mingara Recreation Club, Shelly Beach Golf Club, multiple beaches (patrolled beaches included), sporting grounds, schools and daycare facilities, medical centres and public transport. A short drive to Tuggerah Westfield and Train Station, M1 Motorway and more.

Unit 1 – 2 Bedroom

1 Bath

separate laundry and carport

Unit 2 – 1 Bedroom

1 Bath

separate laundry and carport

Unit 3 – 3 Bedroom

1 Bath

separate laundry and carport

PARTICULARS:

Council Rates: $3,219.96 approx. per annum

Water Rates: $652.40 approx. per annum

Call me today On 0448 822 123 !!!

Award-Winning Real Estate Sales Force

Selling & Leasing The Central Coast

E & OE. Please note that all information herein is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested parties should rely on their own enquiries.

Property Info:
  • Property ID: L1206859
  • Property Type: House
  • Carports: 3
  • Land Area: 708.0 sqm
We Know Your Area
R&H Suburb Profile: Long Jetty

R&H Suburb Summary Houses
Number of sales 90
Average Price $724,112
Median Price $705,000
Median Rental Price $398 p.w.
Change in Rental Rate (5yr) 5 %
R&H Suburb Summary Units
Number of sales 59
Average Price $486,288
Median Price $465,000
Median Rental Price $378 p.w.
Change in Rental Rate (5yr) 9 %
Long Jetty, NSW - Median Trend
705000.0