4/20 Gregory Street, South West Rocks, NSW 2431

Auction - Offers Considered Prior

Unit
Type
1
Bedrooms
1
Bathrooms
1
Parkings
745 m²
Area

Published on Tuesday, May 26, 2026 ( See property details for 4/20 Gregory Street, South West Rocks, NSW 2431)

Auction - Offers Considered Prior

Heath Askew Licensee In Charge, Licensed Real Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A recently renovated, centrally located one-bedroom unit in South West Rocks, offering excellent investment potential with future development prospects.

🏡 Property Highlights

  • Prime elevated location just 300 metres from Horseshoe Bay and the Shopping Centre
  • Recently renovated, low-maintenance unit ideal for investment or holiday rental
  • Currently leased to a reliable tenant at $320 per week
  • Situated on a 745m² block with potential for development (STCA)
  • Exclusive complex with ample parking and privacy
  • Close to Back Creek and the CBD, offering unbeatable central access

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Pet-Friendly
  • Garage / Secure Parking
  • Internal Laundry
  • Fly Screens
  • NBN / High-Speed Ready

South West Rocks is a vibrant coastal suburb renowned for its stunning beaches, relaxed lifestyle, and strong community spirit. Its central location offers easy access to local amenities, waterfront attractions, and outdoor activities. The area boasts a mix of holiday homes, investment properties, and permanent residences, making it ideal for both leisure and lifestyle. With its scenic beauty and convenient proximity to the CBD, South West Rocks is a highly sought-after destination for buyers seeking a relaxed coastal lifestyle.

Is this unit suitable for holiday rentals or short-term leasing?
Yes, the property’s location and recent renovation make it an excellent choice for holiday rentals or short-term leasing, appealing to holidaymakers and tourists.
What are the future development possibilities for this property?
The 745m² block offers potential for development, subject to council approval (STCA), which could include additional units or extensions.
How close is the property to local amenities and attractions?
The unit is just 300 metres from Horseshoe Bay, the Shopping Centre, and is within walking distance to the CBD and Back Creek, providing convenient access to shops, dining, and recreational activities.
What is the current rental income and occupancy status?
The property is currently leased to a reliable tenant paying $320 per week, with the potential for continued income or future rental adjustments.
Are there any restrictions or covenants on the property?
Any restrictions or covenants would need to be confirmed through the local council and property title search, especially if considering development opportunities.
Are there any upcoming council or development plans in the area that could affect the property's value or use? Has the property been inspected for structural issues or pests, and are there any known defects? Are there any easements, zoning restrictions, or covenants that could limit future development or use? What are the total ongoing costs, including strata fees, council rates, and maintenance? Is the property located in a flood or bushfire-prone area, and what risk mitigation measures are in place? Are there any planned or ongoing construction projects nearby that could impact noise or privacy? What are the terms of the current lease, and is there scope for rent review or renewal? Are there any restrictions on pet ownership within the complex or local council regulations? Is the property compliant with all building codes and safety standards? What are the long-term prospects for capital growth in this area?

4/20 Gregory Street, South West Rocks, NSW 2431 - More Details

Auction - Offers Considered Prior

Type
Unit
Bedrooms
1
Bathrooms
1
Parkings
1
Area
745 m²
House Size
41 m²

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