23 Lorikeet Way
Tallwoods Village, NSW 2430

Overview

23 Lorikeet Way Tallwoods Village NSW 2430

This brand-new dual-residence property offers a smart investment opportunity with strong returns from day one, ideal for investors seeking multiple income streams with minimal maintenance and excellent tax efficiency.

The main residence is a modern 3-bedroom home with an estimated rental return of $650 to $680 per week, complemented by a fully self-contained 1-bedroom secondary dwelling estimated to rent for $380 to $400 per week. Together, these dwellings provide a combined potential rental income of approximately $1,030 to $1,080 per week, ensuring strong cash flow in a highly sought-after lifestyle location.

Constructed recently, the property benefits from a substantial depreciation schedule, allowing investors to maximize building write-offs and eligible fixtures and fittings, significantly enhancing after-tax returns during the initial years of ownership.

The design emphasizes modernity and low maintenance, featuring separate dwellings that appeal to a broad tenant base. This setup offers immediate income, long-term growth potential, and valuable tax advantages, making it a set-and-forget investment.

Inside, the property showcases exceptional craftsmanship with premium finishes, architectural flair, and modern comforts. Both residences feature vaulted ceilings that create a spacious and light-filled atmosphere. Clean square-set cornices and vinyl plank flooring contribute to the contemporary aesthetic, while multiple reverse-cycle split-system air conditioners provide year-round comfort throughout the living areas.

The main residence boasts a designer kitchen with waterfall stone benchtops, serving as a stunning centerpiece for cooking and entertaining. It includes three luxury bathrooms with floor-to-ceiling tiles, offering a sleek and timeless feel. Additionally, a dedicated built-in office space provides an ideal environment for remote work, study, or home-based business needs. Practical conveniences are completed by a spacious double garage and additional off-street parking.

A standout feature is the fully self-contained one-bedroom secondary dwelling, which offers privacy and independence with its bright living space, modern finishes, vaulted ceiling, and beautiful outlook over the golf course. This makes it perfect for guests, extended family, or tenants, adding significant value for investors or multi-generational living arrangements.

The property's versatility appeals to a wide range of buyers. Investors can maximize returns through dual-income potential, families can enjoy flexible living arrangements for different generations, and holidaymakers may use one dwelling as a retreat while renting out the other. This adaptability ensures the property is not only comfortable to live in but also a smart long-term investment.

Located in a prime Mid North Coast area between Taree and Forster–Tuncurry, the home offers an excellent blend of convenience and lifestyle. Nearby amenities include stunning beaches, dining, entertainment, shopping, schools, medical services, and recreational options, with the golf course literally at the doorstep.

With architectural charm, premium inclusions, direct golf-course access, a 7-year builder's warranty, and the rare advantage of a high-quality separate dwelling, this property provides the lifestyle upgrade sought after on the beautiful Mid North Coast.

Disclaimer: The information provided is based on details supplied to the agents. Accuracy cannot be guaranteed, and prospective purchasers should conduct their own enquiries and form their own judgments.

Location