Unique Investment Opportunity in Hillarys

Unlock the potential of prime real estate with 15a & 15b McWhae Road in Hillarys. Nestled in a sought-after location, these properties offer a combined land holding of 1,084sqm, presenting a rare opportunity for astute investors or developers.<br/><br/>Key Features:<br/>- Double the Potential: Purchase both properties for an expansive land holding, ideal for future development projects or investment strategies.<br/>- Versatile Zoning: R20, providing flexibility for various development possibilities, subject to council approval. The site is conveniently situated on a corner, enhancing its development potential.<br/>- Stable Tenancy: Benefit from sitting tenants who are open to discussions about extending their lease term, offering immediate rental income potential. Both properties are currently leased, with tenants happy to discuss terms for extensions, providing flexibility for potential investors.<br/>- Rental Appraisals Available: Obtain current rental appraisals upon request, ensuring informed decision-making for your investment portfolio.<br/>- Development Opportunity: Explore the potential for redevelopment, capitalising on the thriving real estate market in Hillarys.<br/>- Built Strata: Currently titled built strata. Opportunity to change title subject approval. <br/><br/>Property Highlights <br/>Step into spacious interiors featuring a large living area seamlessly connected to the kitchen, boasting ample cupboard space and gas cooking facilities. The generously sized bedrooms come complete with built-in robes, ensuring comfort and convenience. Each property offers 2 bedrooms and 1 bathroom, creating a combined 4x2 layout with two kitchens, perfect for accommodating diverse living arrangements.<br/>Entertain or relax in the enclosed games room (15a), providing versatile space for storage or additional living areas. Enjoy the comfort of tiled floors complemented by plush carpeting in the bedrooms.<br/>Experience the convenience of air conditioning in the open-plan living area and stay cozy with a gas bayonet for heating during cooler months.<br/>Both properties are currently leased, with tenants who are happy to discuss terms for lease extensions, providing immediate rental income and flexibility for potential investors.<br/><br/>Experience the convenience of living close to transport, shopping centers, schools, and the stunning coastline, making everyday living a breeze.<br/><br/>Don't miss out on this fantastic opportunity to secure your investment future in Hillarys. Contact us today to arrange a viewing and explore the potential of 15a & 15b McWhae Road. 🏡🔑