31 Bent Street, Batemans Bay, NSW 2536 - More Details
$1,900,000
A rare opportunity to secure an entire residential complex comprising four separate residences on one title, positioned in a convenient Batemans Bay location. Offering four established income streams from a single property, this is an exciting prospect for investors looking to expand their portfolio or secure a substantial income producing asset.
Currently returning a combined $1,470 per week, equating to a gross rental income of $76,440 per annum, the property presents an attractive opportunity to acquire an established investment with income already being generated across all four residences.
Set across approximately 740m², the brick complex provides a combined seven bedrooms and five bathrooms, with each residence offering its own kitchen, living area and individual character. The overall property incorporates approximately 403m² including garages and communal laundry facilities, creating a substantial investment holding close to the heart of Batemans Bay.
Unit 1 is 81m² and is arranged over two levels. Downstairs features a generous open living area, kitchen and laundry, while upstairs provides two bedrooms, two bathrooms and additional study or storage spaces. Both bedrooms include built in wardrobes, with private balconies adding another appealing feature. A warm timber staircase and timber feature wall bring character to the interior, while the residence also benefits from its own garage.
Unit 2 offers approximately 90m² across two levels and features two bedrooms, a spacious open plan living area, kitchen, bathroom, laundry and additional study spaces. Both bedrooms are carpeted, with built in storage and balcony access adding to the practicality of the layout. The residence also enjoys a private patio and its own garage.
Units 3 and 4 are compact residences of approximately 39m² each, providing further independent accommodation and additional rental income. Both include their own kitchen, living area and combined bathroom and laundry facilities. .
The property also includes multiple garage spaces and communal laundry facilities, adding further functionality for occupants.
With four residences held on a single title and an established gross rental income of $76,440 per annum, this property presents an increasingly hard to find opportunity in the Batemans Bay market. Whether retained as a long term investment or improved over time to further enhance its potential, 31 Bent Street offers flexibility, scale and multiple income streams within one convenient holding.
Property highlights
- Four separate residences on one title
- Combined rental income of $1,470 per week
- Gross rental income of $76,440 per annum
- Approximately 740m² parcel of land
- Seven bedrooms and five bathrooms across the complex
- Unit 1 approximately 81m², two bedrooms and two bathrooms
- Unit 2 approximately 90m², two bedrooms and one bathroom
- Units 3 and 4 approximately 39m² each,
- Multiple balconies and outdoor areas
- Built in wardrobes and additional study or storage spaces
- Multiple garages plus communal laundry facilities
- Solid brick construction
- Town water and sewer
- Four established rental income streams
- Convenient Batemans Bay location
- Excellent opportunity for investors seeking a substantial residential holding
- Four residences. Four income streams. One outstanding Batemans Bay investment opportunity.
DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.
- Type
- Block Of Units
- Bedrooms
- 7
- Bathrooms
- 5
- Parkings
- 4
- Area
- 704 m²
