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Dual Income Opportunity with Dual Street Frontage For Sale
Dual Income Opportunity with Dual Street Frontage Dual Income Opportunity with Dual Street Frontage

134 Scenic Dr, Budgewoi, NSW, 2262

Dual Income Opportunity with Dual Street Frontage

House
Type
4
Bedrooms
2
Bathrooms
4
Parkings

Published on Tuesday, April 14, 2026 ( See property details for 134 Scenic Dr, Budgewoi, NSW, 2262)

Price Guide $1.1 mil

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile dual-dwelling property on a generous 647m² block with dual street frontage, offering excellent rental returns and potential for subdivision in a prime location near amenities and water views.

🏡 Property Highlights

  • Dual street frontage with potential to subdivide (STCA)
  • Two separate fully leased dwellings on one title
  • Strong combined rental income of $1,050 per week
  • Prime location close to shops, schools, and beaches
  • Waterfront views of Budgewoi Lake from the second dwelling
  • Flexible living options for investors or families

✨ Key Features

  • Dual Living
  • Open-Plan Living
  • Built-in Robes
  • Air Conditioning
  • Ceiling Fans
  • Outdoor Area
  • Fully Fenced Yard
  • Garage
  • Waterfront / Views
  • Open-Plan Living
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134 Scenic Dr
Budgewoi, NSW 2262
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Vertical aerial view — 134 Scenic Dr
134 Scenic Dr — Vertical Aerial  •  Budgewoi, NSW 2262  •  Nearmap © 2026

Budgewoi offers a relaxed coastal lifestyle with easy access to beaches, lakes, and local amenities. The suburb features scenic water views, a friendly community atmosphere, and convenient transport links to major highways. Its proximity to schools, shopping centres, and recreational areas makes it ideal for families and investors alike. The area is known for its peaceful environment and outdoor lifestyle, perfect for enjoying water activities and nature walks.

What is the current rental income for each dwelling?
The main residence is leased at $560 per week, and the second dwelling (granny flat) is leased at $490 per week, providing a combined rental return of $1,050 per week.
Can the property be subdivided?
Yes, the property has dual street frontage with potential to subdivide (STCA), subject to council approval.
What are the key features of the main residence?
The main home offers two bedrooms, a modern kitchen, updated bathroom, open plan living and dining, a family room opening onto a timber deck, air conditioning, ceiling fans, and a fully fenced yard.
What amenities are nearby?
The property is approximately a 6-minute walk to Budgewoi Shopping Centre, 12 minutes to Budgewoi Public School, 2 minutes to Budgewoi Lake, and a short drive to beaches and major highways.
Is there parking available?
Yes, the property includes a garage plus three additional car spaces, with separate driveways for each dwelling.
Are there any restrictions or easements on the property that could affect subdivision plans? What are the zoning regulations and potential development restrictions for this property? Are there any known issues with the water views or flood risks in this area? What are the strata or council fees associated with the property? Are there any upcoming planning or construction projects nearby that could impact the property’s value or enjoyment? Is there any history of pests, structural issues, or other defects in either dwelling? Are there any additional costs for maintenance or repairs not covered in the current lease agreements? What are the terms of the current leases, and are there any upcoming lease expirations? Is the property compliant with all local building codes and regulations? Are there any restrictions on future modifications or renovations to either dwelling?

134 Scenic Dr, Budgewoi, NSW, 2262 - More Details

Dual Income Opportunity with Dual Street Frontage

Dual Income Opportunity with Dual Street Frontage Combined Rental Return: $1,050 per week Positioned on a generous 647m² block with the rare benefit of dual street frontage, this impressive property features two separate freestanding dwellings—perfect for investors seeking solid returns or families requiring flexible living arrangements. Conveniently located just moments from local amenities, both homes are currently tenanted, providing an immediate and steady rental return with reliable tenants in place. Prime Location • Approx. 6-minute walk to Budgewoi Shopping Centre • Approx. 12-minute walk to Budgewoi Public School • Approx. 2-minute walk to Budgewoi Lake with peaceful water views • Approx. 5-minute drive to the Pacific Highway • Approx. 15-minute drive to the M1 Motorway • Approx. 5-minute drive to Budgewoi Beach Key Features • Two separate dwellings on one title • Dual street frontage with two addresses, offering potential to subdivide (STCA) • Total of 4 bedrooms and 2 bathrooms • 1 garage plus 3 additional car spaces • Strong combined rental return Main Residence Elevated and full of charm, the main home offers: • 2 generously sized bedrooms • Modern kitchen and updated bathroom • Light-filled open plan living, dining, and kitchen area • Additional family room flowing onto a sun-drenched timber deck—ideal for entertaining • Fully enclosed front veranda • Air conditioning and ceiling fans for year-round comfort • Separate garage with additional storage space • Fully fenced yard Currently leased to excellent tenants at $560 per week Second Dwelling (Granny Flat) Privately positioned with its own street access and overlooking the sparkling water of Budgewoi Lake, the second residence features: • 2 spacious bedrooms with built-in wardrobes • Open plan tiled living and dining area • Modern kitchen opening onto a large balcony—perfect for entertaining • Modern bathroom and internal laundry • Ceiling fans and floating timber flooring in bedrooms • Separate driveway with off-street parking • Fully fenced yard with garden shed Currently leased to excellent tenants at $490 per week E.& O.E. Whilst every care has been taken in preparing this information, no warranty is given or implied. Interested parties are advised to make their own enquiries.
Type
House
Bedrooms
4
Bathrooms
2
Parkings
4

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