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Overview
Three in One - Rare Multi-Income Stream Opportunity in Summerland Point
This investment opportunity presents a rare chance to acquire a block of three units located in the highly sought-after lakeside suburb of Summerland Point. Situated on a desirable street, this property offers a unique multi-income stream for savvy investors.
The three units are arranged in a single line and are currently fully tenanted, generating a strong combined rental income of $1,200 per week, providing immediate and stable returns.
Each unit is thoughtfully designed with light-filled open plan living and dining areas, complemented by neat kitchens. The accommodation includes two comfortable bedrooms and one bathroom per unit, each also featuring a laundry area. Parking is well catered for with a carport for each unit, and the outdoor spaces include courtyards or garden patios, offering private and low-maintenance environments.
The property is perfectly positioned for convenience and lifestyle, being just a short two-minute drive to the Summerland Point Boat Ramp, local shops, a cafe bakery, and the Sporties Club. This location is ideal for those seeking a low-maintenance investment in a superb region with multiple income streams.
- Neat and tidy complex comprising three 2-bedroom units
- Approximately 714.5 square meters of land with flat, sealed access to each unit
- Three carport spaces available
- One single garage with an additional storage room
The total rental return is $1,200 per week, reflecting the strong income potential of this property.
- 2-minute drive to Summerland Point Boat Ramp, local shops, cafe bakery, and Sporties Club
- 3-minute drive to Sandy Beach Reserve, perfect for relaxing by the water, picnics, swimming, paddling, or fishing
- 5-minute drive to Gwandalan Medical Centre, gym, and bowling club
- 10-minute drive to Lake Munmorah National Park and pristine beaches
- 18-minute drive to Doyalson RSL and shopping centres
- 40-minute drive to Newcastle
- 75-minute drive to Hornsby/Wahroonga
Disclaimer: All information provided is gathered from sources considered reliable; however, accuracy cannot be guaranteed. Interested parties should conduct their own enquiries.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Summerland Point NSW 2259
Market Insights for Summerland Point NSW 2259
Other properties in this postcode
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