27 & 27a Irene Parade, Noraville, NSW 2263

The Ultimate Investment Opportunity – Three Income Streams on 771sqm. Rarely does an investment of this calibre become available.

Positioned on a level 771sqm block in the heart of Noraville, this exceptional property delivers the perfect combination of immediate income, long-term security and future growth potential.

The front residence is a large 6-bedroom home that has been cleverly configured into two fully self-contained 3-bedroom residences. Each offers a spacious floorplan with its own kitchen, generous living area, bathroom/laundry and private yard, providing excellent privacy for tenants. Better still, both residences are occupied by outstanding long-term tenants who have been in place for more than 5-years.

At the rear of the property is a modern, council-approved 2-bedroom granny flat, complete with built-in wardrobes, a stylish kitchen, open-plan living, combined bathroom/laundry, private courtyard and carport plus extra off-street parking. This residence is also leased to an excellent tenant, creating a genuine set-and-forget investment.

Rental Return

Front Residence
Current Rent: $690 per week
Estimated Rental Potential: $850 per week

Rear Council-Approved Dwelling
Current Rent: $470 per week
Estimated Rental Potential: $500 per week

Combined Income
Current Rental Return: $1,160 per week
Potential Rental Return: Approximately $1,350 per week

Whether you're looking to expand your investment portfolio, maximise rental yield or secure a property with multiple income streams and strong future capital growth potential, opportunities like this are incredibly rare.

With quality long-term tenants already in place, and a prime Noraville location close to beaches, schools, shops and public transport, this is an investment that will continue to perform for years to come.

Opportunities this unique don't come along often. Secure one of Noraville's best income-producing properties before someone else does.

DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure otherwise, LJ Hooker Budgewoi | Toukley does not make any representation as to the accuracy of any of the information contained in the advertisement, does not accept any responsibility or liability and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.

Type

House

Bedrooms

8

Bathrooms

3

Parkings

1

Area

771 m²