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20 Macarthur Street, Killarney Vale, NSW 2261

20 Macarthur Street, Killarney Vale, NSW 2261 For Sale
20 Macarthur Street, Killarney Vale, NSW 2261 20 Macarthur Street, Killarney Vale, NSW 2261-Image 20 Macarthur Street, Killarney Vale, NSW 2261-Image 20 Macarthur Street, Killarney Vale, NSW 2261-Image 20 Macarthur Street, Killarney Vale, NSW 2261-Image 20 Macarthur Street, Killarney Vale, NSW 2261-Image 20 Macarthur Street, Killarney Vale, NSW 2261-Image 20 Macarthur Street, Killarney Vale, NSW 2261-Image 20 Macarthur Street, Killarney Vale, NSW 2261-Image 20 Macarthur Street, Killarney Vale, NSW 2261-Image 20 Macarthur Street, Killarney Vale, NSW 2261-Image 20 Macarthur Street, Killarney Vale, NSW 2261-Image 20 Macarthur Street, Killarney Vale, NSW 2261-Floorplan
House
Type
4
Bedrooms
2
Bathrooms
505 m²
Area

Published on Tuesday, September 29, 2026 ( See property details for 20 Macarthur Street, Killarney Vale, NSW 2261)

For Sale

Open on Saturday 3 October 10:30 am | View All

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

A versatile dual-residence property in Killarney Vale offering excellent investment potential with a charming original cottage and a modern granny flat, both with private amenities and income streams.

🏡 Property Highlights

  • DA-approved rear granny flat approximately three years young
  • Established dual-income opportunity with existing tenants in place
  • Separate, self-contained residences with their own amenities
  • Potential for re-leasing the front cottage for additional income
  • Generous covered entertaining deck and private outdoor yard
  • Prime location close to cafes, shops, schools, and the lakefront

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Shed
  • Waterfront / Views
  • Balcony
  • Garage / Secure Parking
  • Fully fenced
  • Pet-Friendly
  • Outdoor Area / Balcony
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20 Macarthur Street
Killarney Vale, NSW 2261
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Vertical aerial view — 20 Macarthur Street
20 Macarthur Street — Vertical Aerial  •  Killarney Vale, NSW 2261  •  Nearmap © 2026

Killarney Vale is a sought-after suburb renowned for its relaxed coastal lifestyle, proximity to beaches and lakes, and excellent local amenities. The area offers a family-friendly environment with parks, schools, and sporting facilities, making it ideal for both investors and residents. Its ongoing growth and popularity ensure strong future capital appreciation. Convenient access to cafes, shops, and transport links enhances daily living, while the nearby walking and cycling tracks promote an active outdoor lifestyle.

What is the current rental income for the granny flat and main residence?
The granny flat currently generates approximately $650 per week, while the main residence is estimated to rent for around $550 per week.
Are there any planning or development restrictions on the property?
The rear granny flat is DA-approved and approximately three years old, with no current restrictions noted. Buyers should verify with local council for any specific planning conditions.
What are the ongoing costs associated with the property?
The quarterly rates are approximately $654.80. Additional costs include maintenance, insurance, and utility expenses for both residences.
Is the property suitable for first-home buyers and investors?
Yes, the property offers flexibility for both first-home buyers seeking to live in one residence and rent out the other, as well as investors looking for dual income streams.
What amenities are available nearby?
The property is within easy reach of local cafes, shops, schools, sporting facilities, and the lakefront walking and cycling tracks, with the beach just five minutes away.
Are there any hidden costs or upcoming maintenance requirements for the granny flat or main residence? Has the property been inspected for any structural issues or pests? Are there any zoning restrictions or easements affecting the property? Is the property located in a flood or bushfire-prone area? Are there any planned developments or construction projects nearby that could impact the property’s value or lifestyle?

20 Macarthur Street, Killarney Vale, NSW 2261 - More Details

For Sale

A fantastic opportunity for investors, first-home buyers or those looking to secure a property with an established additional income stream, this versatile offering combines a cute and tidy original cottage with a DA-approved granny flat only approximately three years young.

Set up for independent living, both residences enjoy their own space and amenities, creating an appealing investment proposition from day one. The fabulous rear tenants are already in place, while the front residence provides the flexibility to re-lease and maximise the investment potential, or move in yourself and enjoy the benefit of income from the rear.

The original front cottage is neat, comfortable and full of charm, with its own fenced yard and all the essentials for easy everyday living. Privately positioned at the rear, the modern granny flat offers contemporary interiors, a well-appointed kitchen and bathroom, comfortable accommodation and a generous covered entertaining deck overlooking its own yard.

Home Comforts:

- Two separate residences offering excellent investment versatility
- DA-approved rear granny flat, approximately three years young
- Fabulous existing tenants currently occupying the rear residence
- Opportunity to re-lease the front cottage for a dual-income investment
- Ideal alternative for first-home buyers wanting to live in the front while retaining rental income from the rear
- Cute and tidy original cottage with outdoor pergola for entertaining and fenced yard
- Both residences with their own kitchens, bathrooms and living amenities
- Modern granny flat with fresh contemporary interiors
- Generous covered rear deck and private outdoor area with a large storage shed
- Ample off-street parking
- A location that continues to grow in popularity
- Within easy reach of local cafés, shops, schools, sporting facilities and the lakefront walking and cycling tracks
- Approximately five minutes' drive to the beach, placing the Coast's enviable lifestyle within effortless reach
- Rates $654.80 per quarter
- Rental Return Granny Flat $650 pwk, Main Home Estimate. $550 pwk

For those looking to enter the market with an income-producing advantage, expand their investment portfolio or secure two residences on the one property, this is an opportunity that makes sense on so many levels. Live in one, lease the other or take advantage of the potential for two income streams in a location where lifestyle and convenience go hand in hand.

For further information or to arrange an inspection outside of listed times, please call listing agent Chantel Laing on 0410 433 213.

DISCLAIMER: The information in this advertisement has been provided by third parties. While PropertyCo Services strives to ensure its accuracy, we do not guarantee or warrant its completeness. We accept no liability for errors, omissions, or misstatements and encourage prospective buyers to conduct their own independent investigations. All images are for illustrative purposes only.
Type
House
Bedrooms
4
Bathrooms
2
Area
505 m²

Inspections times

  • Inspection Sat 3 Oct 10:30 am

    Saturday 3 October
    10:30 am - 11:00 am
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