29 Hammond Road
Toukley, NSW 2263

Overview

29 Hammond Road, ToukleyPrice on request NSW 2263

Situated in a convenient location close to local schools and shops, and just minutes' drive from boat ramps and beaches, this dual occupancy property presents an excellent investment opportunity. The property has been tenanted for many years, featuring separate metering and parking for both tenants, ensuring consistent returns.

• Each dwelling side comprises two bedrooms, providing comfortable accommodation for tenants.
• Drawn plans and Development Application (DA) information for a duplex are available on site, offering potential for further development in this popular growth area.
• Separate meters for power and water supply enhance tenant independence and ease of management.
• The combined rental potential is estimated between $900 and $1,000 per week, reflecting strong income prospects.
• Proximity to boat ramps and lakeside walking tracks offers recreational opportunities for residents.
• Walking distance to local schools and shops adds to the property's convenience and appeal.
• Access to major transport routes is excellent, with the M1 motorway just 15 minutes away and Wahroonga reachable within 50 minutes.
• Local beaches at Norah Head are only a two-minute drive, providing easy access to coastal lifestyle amenities.
• This property is ideal for SMSF investors or those looking to develop further, with solid tenants in place who are willing to stay under new ownership.

Additional key details include annual council rates of $1,984 and water rates of $1,185, contributing to the overall cost of ownership.

Location