Investor's Dream in Bateau Bay! Duplex with Endless Potential

516 The Entrance Road, Bateau Bay, 2261

Ads By Google

Contact for PriceFor Sale
  • Ownership Type House
  • Property Area 594 sqft
  • Bedrooms 4
  • Bathrooms 2
  • Furnished No
  • Last Updated 31st Oct, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 2

Property Overview

Are you ready to seize a golden opportunity in the thriving beachside suburb of Bateau Bay? This fantastic property at 516 The Entrance Road offers not one, but two 2-bedroom properties on a single title. With an impressive rental return of $812 per week, you'll have an enticing source of income from day one, with great tenants who are happy to remain in place.<br/><br/>Features include:<br/>- Two 2-bedroom, separately metered, approved homes.<br/>- Steady rental return of $812 per week.<br/>- A combined annual return of $42,224 with a potential yield of 5.28%.<br/>- Both properties offer an open-plan kitchen and living area.<br/>- Plus, two good-sized bedrooms, functional bathrooms, and laundries.<br/>- Two spacious gardens, ideal for kids and pets.<br/>- Located close to Bateau Bay Pub and Bateau Bay Square.<br/>- Generous wide frontage, ideal for redevelopment down the track.<br/><br/>Investor's Delight: This property is an exceptional find for investors looking for a solid, long-term return on investment. With two separate properties on one title, you'll enjoy dual rental income, ensuring a consistent flow of cash.<br/><br/>Prime Redevelopment: The land's generous wide frontage makes it an enticing prospect for developers seeking to unlock the full potential of this prime location. Positioned on a generous 594sqm of near-level land, you can explore the possibilities for further development, whether it's additional units, townhouses, or your own dream project.<br/><br/>Lifestyle and Location: Bateau Bay is renowned for its stunning beaches, vibrant community, and convenient access to shopping, schools, and entertainment. You and your future tenants will appreciate the ease of living in this popular coastal suburb.<br/><br/>For more information on this great opportunity, contact Ben on 0406 456 498 or Jodie on 0424 914 364.

Location on Google Map

516 The Entrance Road, Bateau Bay, 2261

Ads By Google

Similar properties in this area

Prime Development Site
Prime Development Site AUD 950,000 . Studio . Shared Bath
UNDER CONTRACT
UNDER CONTRACT For Rent . Contact for Price . 2 Beds . 1 Baths
City Centre Lifestyle at it's Best
City Centre Lifestyle at it's Best AUD 305,000 . 2 Beds . 2 Baths
SMART CITY LIVING
SMART CITY LIVING AUD 349,000 . 2 Beds . 2 Baths
BRING THE FUN!
BRING THE FUN! AUD 475,000 . 2 Beds . 2 Baths
CBD Living
CBD Living AUD 325,000 . 2 Beds . 1 Baths
Stop Dreaming - You Can Own it!
Stop Dreaming - You Can Own it! For Rent . Contact for Price . 1 Beds . 1 Baths
Live where the ACTION is!
Live where the ACTION is! AUD 550,000 . 3 Beds . 2 Baths
BRIGHT ONE BEDROOM IN HEART OF CBD
BRIGHT ONE BEDROOM IN HEART OF CBD AUD 290,000 . 1 Beds . 1 Baths
Picture This: Spacious. Convenient. Affordable City Living.
Picture This: Spacious. Convenient. Affordable City Living. For Rent . Contact for Price . 2 Beds . 2 Baths
Modern Apartment On The Fringe Of CBD
Modern Apartment On The Fringe Of CBD AUD 449,000 . 3 Beds . 2 Baths
Like New - 12th floor with epic city views!
Like New - 12th floor with epic city views! AUD 440,000 . 2 Beds . 2 Baths
Classy Skyhome in Iconic Building
Classy Skyhome in Iconic Building AUD 700,000 . 3 Beds . 2 Baths
'Home' in the Heart of the CBD
'Home' in the Heart of the CBD AUD 240,000 . 1 Beds . 1 Baths
LIVING LARGE IN THE CITY
LIVING LARGE IN THE CITY AUD 499,000 . 3 Beds . 2 Baths
Invest Savvy!
Invest Savvy! AUD 250,000 . 1 Beds . 1 Baths
3 Bedroom Apartment Great Water Views!
3 Bedroom Apartment Great Water Views! AUD 559,000 . 3 Beds . 2 Baths
Be in the heart of the city
Be in the heart of the city For Rent . Contact for Price . 1 Beds . 1 Baths
VERSATILE PROPERTY. TOP RETURNS.
VERSATILE PROPERTY. TOP RETURNS. AUD 469,000 . 3 Beds . 2 Baths
Sunset Views Over The City
Sunset Views Over The City AUD 190,000 . 1 Beds . 1 Baths
Ultimate City Fringe Living
Ultimate City Fringe Living For Rent . Contact for Price . 2 Beds . 2 Baths
Enjoy everything the city has to offer with this modern unit!
Enjoy everything the city has to offer with this modern unit! AUD 450,000 . 2 Beds . 2 Baths
City Lifestyle or Great Investment
City Lifestyle or Great Investment AUD 349,000 . 2 Beds . 2 Baths
Entertainer’s Paradise!
Entertainer’s Paradise! AUD 410,000 . 3 Beds . 2 Baths