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516 The Entrance Road, Bateau Bay, NSW 2261 Sold
516 The Entrance Road, Bateau Bay, NSW 2261 516 The Entrance Road, Bateau Bay, NSW 2261-Floorplan Latest Aerial map Imagery for project 516 The Entrance Road, Bateau Bay, NSW 2261

516 The Entrance Road, Bateau Bay, NSW 2261

Bedrooms
4
Bathrooms
2
Parkings
2
Area
594m2
Type
House

Last updated on Friday, November 17, 2023

$795,000

516 The Entrance Road, Bateau Bay, NSW 2261 - More Details

$795,000

Are you ready to seize a golden opportunity in the thriving beachside suburb of Bateau Bay? This fantastic property at 516 The Entrance Road offers not one, but two 2-bedroom properties on a single title. With an impressive rental return of $812 per week, you'll have an enticing source of income from day one, with great tenants who are happy to remain in place.

Features include:
- Two 2-bedroom, separately metered, approved homes.
- Steady rental return of $812 per week.
- A combined annual return of $42,224 with a potential yield of 5.28%.
- Both properties offer an open-plan kitchen and living area.
- Plus, two good-sized bedrooms, functional bathrooms, and laundries.
- Two spacious gardens, ideal for kids and pets.
- Located close to Bateau Bay Pub and Bateau Bay Square.
- Generous wide frontage, ideal for redevelopment down the track.

Investor's Delight: This property is an exceptional find for investors looking for a solid, long-term return on investment. With two separate properties on one title, you'll enjoy dual rental income, ensuring a consistent flow of cash.

Prime Redevelopment: The land's generous wide frontage makes it an enticing prospect for developers seeking to unlock the full potential of this prime location. Positioned on a generous 594sqm of near-level land, you can explore the possibilities for further development, whether it's additional units, townhouses, or your own dream project.

Lifestyle and Location: Bateau Bay is renowned for its stunning beaches, vibrant community, and convenient access to shopping, schools, and entertainment. You and your future tenants will appreciate the ease of living in this popular coastal suburb.

For more information on this great opportunity, contact Ben on 0406 456 498 or Jodie on 0424 914 364.
Type
House
Bedrooms
4
Bathrooms
2
Parkings
2
Area
594m2

Historical, Aerial view of properties in a suburb: Bateau Bay NSW 2261

Historical, Aerial view of properties in a suburb: Bateau Bay NSW 2261

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516 The Entrance Road Bateau Bay NSW 2261

Property FAQs

How many bedrooms does the property listed 516 The Entrance Road, Bateau Bay, NSW 2261 feature?

516 The Entrance Road, Bateau Bay, NSW 2261 is a 4 bedroom House.

What are the standout features of the 516 The Entrance Road, Bateau Bay, NSW 2261?

Explore all key property features for 516 The Entrance Road, Bateau Bay, NSW 2261. Click here to find out more.

What is the total land area and built-up area of the 516 The Entrance Road, Bateau Bay, NSW 2261?

The total land area and built-up area of the 516 The Entrance Road, Bateau Bay, NSW 2261 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 516 The Entrance Road, Bateau Bay, NSW 2261?

516 The Entrance Road, Bateau Bay, NSW 2261 can accommodated 2 vehicles in the parking area.

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    All data and information contained in these FAQs is provided by Real Search as a courtesy only. Real Search does not make any representations or warranties regarding the accuracy and/or completeness of this data and information. Users should check directly with the agent to verify this data and/or information.

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