291 Watkins Road, Wangi Wangi, NSW 2267

2000000

Block Of Units
Type
11
Bedrooms
8
Bathrooms
8
Parkings
800 m²
Area

Published on Tuesday, March 24, 2026 ( See property details for 291 Watkins Road, Wangi Wangi, NSW 2267)

$2,000,000

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A rare waterfront block of 8 units in Wangi Wangi offering stunning lake views, boat ramp access, and strong rental income potential.

🏡 Property Highlights

  • Waterfront location with stunning views of Lake Macquarie
  • Fully leased block of 8 units generating approximately $3,000 weekly rent
  • Potential for holiday rentals or Airbnb income doubling
  • Own boat ramp access directly at the property
  • Large 800 m² block with ample space for future development
  • Proximity to Sydney, only one hour away

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Outdoor Area
  • Secure Parking
  • Extra Storage (Shed/Linen)
  • Balcony
  • Pet-Friendly
  • Built-in Robes
  • Home Office / Study
  • Garage / Secure Parking

Wangi Wangi is a picturesque lakeside suburb renowned for its stunning views of Lake Macquarie, vibrant community atmosphere, and excellent boating and recreational facilities. Its proximity to Sydney makes it an ideal location for both lifestyle and investment. The area offers a peaceful environment with easy access to local amenities, cafes, and outdoor activities, making it perfect for families, retirees, and holidaymakers alike.

What is the current rental income and occupancy status?
The property is fully leased with a gross weekly rent approaching $3,000, and it has a history of long-term tenants or holiday rentals, with potential to double income via Airbnb.
Are there any development restrictions or zoning considerations?
The property is situated on an 800 m² waterfront block with specific access to a boat ramp; any development or modifications should be checked with local council for zoning and planning regulations.
What are the maintenance and ongoing costs?
Details on maintenance costs are not specified; potential buyers should inquire about strata fees, council rates, and upkeep of the waterfront amenities.
Is the property compliant with all local building and safety standards?
While specific compliance details are not provided, buyers should verify building certificates, safety standards, and any necessary approvals before purchase.
What is the condition of the units and common areas?
The units are fully rented and well-maintained, with views and amenities in good condition; a thorough inspection is recommended for detailed condition assessment.
Are there any hidden costs or upcoming maintenance fees associated with the property? Has the property been inspected for flood or bushfire risks given its waterfront location? Are there any zoning restrictions or easements that could affect future development or use? Is there any history of structural issues or repairs needed for the units? Are there any planned developments or construction projects nearby that could impact the property’s value or environment? What are the strata or body corporate arrangements, if applicable? Are there any noise or neighbour-related concerns in the area? Has the property been assessed for compliance with all local safety and building standards? Are there any restrictions on holiday rentals or Airbnb use in this location? What are the long-term plans for infrastructure or community development in Wangi Wangi?

291 Watkins Road, Wangi Wangi, NSW 2267 - More Details

2000000

Type
Block Of Units
Bedrooms
11
Bathrooms
8
Parkings
8
Area
800 m²
House Size
700 m²

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