15 Summerhill Drive, Wangi Wangi, NSW 2267

$950,000

House
Type
4
Bedrooms
1
Bathrooms
2
Parkings

Published on Monday, July 20, 2026 ( See property details for 15 Summerhill Drive, Wangi Wangi, NSW 2267)

$950,000

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

A well-positioned, long-term leased investment property on a large block in the sought-after lakeside suburb of Wangi Wangi, offering future development potential and strong rental income.

🏑 Property Highlights

  • Generous 929m² block with R2 zoning offering future development potential
  • Currently leased to long-term tenants until November 2026 with strong rental income
  • Immediate rental return of $520 per week, with potential to increase to $600-$650
  • Well-sized four-bedroom home with practical layout
  • Prime lakeside suburb of Wangi Wangi close to local amenities and waterfront
  • Excellent investment opportunity with scope for value-add (STCA)

✨ Key Features

  • Built in robes
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area
  • Floorboards
  • Pet-Friendly
  • Fully fenced
  • Water tank
  • Open-Plan Living
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15 Summerhill Drive
Wangi Wangi, NSW 2267
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Vertical aerial view β€” 15 Summerhill Drive
15 Summerhill Drive — Vertical Aerial  •  Wangi Wangi, NSW 2267  •  Nearmap © 2026

Wangi Wangi is a highly sought-after lakeside suburb renowned for its relaxed waterfront lifestyle, excellent local amenities, and strong community atmosphere. The area offers a mix of established homes and development opportunities, making it ideal for investors and families alike. With proximity to parks, schools, and shops, Wangi Wangi provides a convenient and picturesque setting for residents. The suburb's natural beauty and vibrant local scene make it a prime location for both lifestyle and investment growth.

What is the current condition of the property and are there any recent renovations?
The property is well-maintained with a practical layout, and there are no recent renovations noted. Floor plans are available upon request for further details.
What are the zoning restrictions and potential for future development?
The property is zoned R2, which allows for future development subject to council approval (STCA). The large 929mΒ² block offers significant scope for value-add opportunities.
Are there any known issues or defects with the property?
Based on available information, there are no known issues or defects. A thorough inspection is recommended to verify the property's condition.
What are the terms of the current lease and the rental income?
The property is leased at $520 per week until November 2026, with an estimated potential rental return of $600-$650 per week.
Are there any planning or zoning restrictions that could affect future development?
The property is zoned R2, which permits certain development options. However, all plans should be confirmed with local council regulations.
Are there any upcoming council or zoning changes that could impact the property's value or development potential? Is there any history of flooding or bushfire risk in this area? Are there any easements, covenants, or restrictions on the property that could limit future use? What are the total costs involved in maintaining the property, including council rates and strata fees if applicable? Are there any planned infrastructure projects or developments nearby that could affect the property’s value or livability? Has a recent pest or building inspection been conducted, and are there any issues to be aware of? Are there any existing or pending planning applications that could impact the property’s future use? What are the terms of the current lease, and are there any conditions that could change before the lease ends? Is the property compliant with all local building codes and regulations? Are there any restrictions or requirements for future development on this large block?

15 Summerhill Drive, Wangi Wangi, NSW 2267 - More Details

$950,000

Cassidy Hill from Ray White Toronto is proud to present this outstanding opportunity at 15 Summerhill Drive, Wangi Wangi.

Set on a generous 929mΒ² block with R2 zoning, this well-positioned property offers immediate rental income with strong future potential. Currently leased to excellent long-term tenants until November 2026, the home is returning $520 per week.

The home itself features four well-sized bedrooms and a functional bathroom, making it a practical and appealing layout for tenants and future occupants alike. The expansive block provides scope for further value-add opportunities (STCA), making this an ideal addition to any savvy investor's portfolio.

Positioned in the sought-after lakeside suburb of Wangi Wangi, you're just moments from local shops, schools, parks, and the waterfront lifestyle the area is known for.

Key Features:
β€’ 929mΒ² block with R2 zoning
β€’ 4 bedrooms, 1 bathroom
β€’ Currently leased at $520 per week until November 2026
β€’ Strong long-term tenants in place
β€’ Estimated rental return of $600-$650 per week
β€’ Large block with future potential (STCA)
β€’ Ideal set-and-forget investment

Whether you're looking to expand your portfolio or secure a property with long-term upside, this is an opportunity not to be missed.

*Floor plans available upon request
*Call now for a private inspection

From all of us at Ray White Toronto - Wangi Wangi - North Lake Macquarie, we wish you every success in the search for your next property. If you would like more detail on this or to chat about one of the many other properties we have available please call or email us today.

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
Type
House
Bedrooms
4
Bathrooms
1
Parkings
2

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