21 Pacific Highway
Ourimbah, NSW 2258

Overview

21 Pacific Highway, OurimbahAuction guide NSW 2258

This property, held tightly since 1973, is located in a highly accessible area of Ourimbah and presents a low maintenance investment opportunity. It features a three-bedroom main home, a separate two-bedroom mobile home (subject to council approval), and a shopfront, all situated on a 1,024 square meter R2 zoned block. The combined potential rental return is approximately $1,850 per week, offering attractive investor yields of up to 8%.

• The main residence includes three bedrooms, living and dining areas, a sunroom, and an open, functional kitchen.
• The two-bedroom mobile home offers open plan living and dining spaces along with a large separate rumpus room.
• The shopfront is in high demand and currently operates with a commercial kitchen and restaurant setup.
• The home has been freshly painted and features new bedroom carpet and flooring throughout.
• The property includes a level, fully fenced yard, ideal for families or tenants with pets, and provides good parking facilities.
• Conveniently located close to transport options, it is just five minutes from Ourimbah Public School, 3.2 kilometers to Lisarow Plaza, 9.2 kilometers to Westfield Tuggerah, and 2.4 kilometers to the M1 motorway, with approximately 40 minutes travel time to Wahroonga.
• There is potential for future development, subject to council approval, enhancing long-term growth prospects.

Additional key details include council rates of $4,025 per annum and water rates of $1,645 per annum. This property offers a strong rental appeal and is well positioned for investors seeking a diverse income stream and future development opportunities.

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