4 Hillcrest Avenue
Tacoma, NSW 2259

Overview

4 Hillcrest Avenue, TacomaPrice on request NSW 2259

This substantial property offers excellent potential for dual occupancy investment, featuring a total of five bedrooms plus a study, providing versatile living arrangements suitable for large families or separate generational living. The home is cleverly designed with two distinct living areas under one roofline: a two-bedroom residence at the front and a separate three-bedroom residence at the rear, each with its own entry, ensuring privacy and independence for occupants.

Set on a level block of approximately 695.6 square meters, the property benefits from a convenient location just 300 meters from the waterfront reserve along the Wyong River. This proximity to natural amenities enhances the lifestyle appeal, offering opportunities for outdoor recreation and scenic enjoyment. Additionally, the home is within walking distance to local schools and public transport, making it an ideal choice for families and investors seeking long-term value.

• Dual living configuration with separate entries for privacy and flexibility
• Two fully equipped kitchens and three bathrooms to accommodate multiple households
• Potential rental income estimated at $800 per week, presenting a strong investment opportunity
• Dual driveway providing off-street parking for multiple vehicles
• Currently tenanted, offering immediate income potential
• Scope to add a granny flat, further enhancing rental yield or family accommodation options
• Strategically located to capitalize on the central position within the community
• Close proximity to a local boat ramp and riverfront, ideal for boating enthusiasts
• Easy access to Westfield Shopping Centre for retail and entertainment needs
• Conveniently located five minutes from the M1 motorway, with approximately 50 minutes to Wahroongah or Newcastle

Additional key details include annual council rates of $1,551 and water rates of $1,185, reflecting the manageable ongoing costs associated with the property. This home represents a rare opportunity to secure a versatile and well-positioned asset in a sought-after location, suitable for owner-occupiers seeking multi-generational living or investors aiming to maximize rental returns through dual occupancy.

Location