42 Karingi Street, Ettalong Beach, NSW 2257

Discover the ultimate coastal lifestyle just 500 meters from Ettalong Beach CBD and a mere 600 meters from the pristine sandy shores. This property sits on a level 519m2 block, offering rear lane access and coveted R1 zoning, presenting a golden opportunity for a potential duplex or townhouse development in a prime location that's close to both town amenities and the beach.

The existing property features a charming three-bedroom house with a spacious open-plan kitchen and living area, along with its own fenced yard. Currently rented for $530 per week, this residence offers a comfortable living space and a solid rental return.

Additionally, a separate self-contained sleep out with rear lane access is leased to a long-term tenant of 12 years, generating $300 per week in rental income. This property not only provides immediate returns but also holds immense potential for future development.

- Prime location near Ettalong Beach, offering a sought-after coastal lifestyle.
- Potential for high rental yields and property appreciation in a thriving market.
- Versatile development opportunities for residential or commercial projects.
- Proximity to amenities, shopping, dining, and recreational activities
- Strong demand properties in the area.
- Beautiful natural surroundings and stunning ocean views to attract tenants.
- Access to transportation hubs and major roads for convenience and accessibility.
- Invest now and capitalize on the booming real estate market in this desirable coastal area.
- Approx 512 sqm with rear lane access
- Meters to CBD & Beach

Seize the chance to secure your investment now and unlock the possibilities for growth and prosperity. Don't miss this opportunity to own a prime piece of real estate in a highly sought-after location.

Contact Andrew Quilkey at 0421200330 or Jess Warren at 0483228944 to learn more about this exceptional property and take the first step towards making it yours today.