20 & 20a Restlea Avenue, Charmhaven, NSW 2263

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House
Type
7
Bedrooms
3
Bathrooms
2
Parkings
556.4 m²
Area

Published on Wednesday, July 29, 2026 ( See property details for 20 & 20a Restlea Avenue, Charmhaven, NSW 2263)

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

A versatile dual-income property in a highly sought-after lakeside location offering strong returns and modern living spaces.

🏡 Property Highlights

  • Dual-income property with two separately metered residences
  • Impressive combined rental return of $1,200 per week
  • Modern, council-approved two-bedroom granny flat completed 18 months ago
  • Main residence leased at $700 per week with five bedrooms
  • Prime lakeside location near Budgewoi Lake and amenities
  • Strong estimated rental yield of 5.2%

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area
  • Garage
  • Ensuite
  • Pet-Friendly
  • Floorboards
  • Open-Plan Living

Charmhaven offers a vibrant lakeside community with easy access to Budgewoi Lake, local shopping centres, schools, parks, and transport links. Its central location provides excellent connectivity via the M1 Motorway, making it ideal for tenants and owner-occupiers alike. The area boasts a relaxed lifestyle with scenic views and a strong sense of community. Proximity to amenities ensures convenience and long-term growth potential. This sought-after suburb combines natural beauty with practical living, perfect for investors seeking high-yield opportunities.

What is the condition of the granny flat and main residence?
Both the main residence and the granny flat are well-maintained, with the granny flat being approximately 18 months old and featuring modern finishes.
Are there any restrictions or covenants on the property?
The property is council-approved for the granny flat, with no known restrictions affecting its use or future development plans.
What are the ongoing costs associated with the property?
Annual council rates are approximately $2,100, and water rates are around $2,000, with additional costs for maintenance and insurance.
Is the property suitable for owner-occupiers or only investors?
The property is ideal for both investors seeking strong rental income and owner-occupiers looking for a versatile lakeside home with additional income potential.
What is the condition of the surrounding area and potential for future growth?
Charmhaven is a well-established suburb with ongoing development and strong community amenities, offering promising growth prospects.
Are there any upcoming council or development plans in the area that could affect the property's value or livability? Have the water and council rates been paid up to date, and are there any additional levies or fees? Are there any known issues with the property's structure, plumbing, or electrical systems? Is there any history of flooding or bushfire risk in this lakeside location? Are there any easements, zoning restrictions, or planning overlays that could impact future modifications or development?

20 & 20a Restlea Avenue, Charmhaven, NSW 2263 - More Details

Contact Agent

Type
House
Bedrooms
7
Bathrooms
3
Parkings
2
Area
556.4 m²

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