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

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 929m² 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

Type
House
Bedrooms
4
Bathrooms
1
Parkings
2

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