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Overview
This dual occupancy property is situated on a large, level corner block measuring approximately 1,463 square meters, offering immense opportunity for the discerning buyer. The property comprises two separate dwellings, each with its own distinct features and amenities.
The primary residence, House 1, is a contemporary home featuring three bedrooms and two bathrooms. It includes a spacious tiled lounge area that is air-conditioned for comfort, alongside a modern kitchen connected to an air-conditioned family room. This living space flows seamlessly to a large screened outdoor entertaining area, ideal for gatherings and relaxation. The master bedroom is generously sized and includes an ensuite bathroom. The two additional bedrooms are also well-proportioned, each equipped with built-in wardrobes and ceiling fans. A two-way main bathroom is conveniently located to serve both the family room and the ancillary bedrooms. Additionally, this home benefits from an attached large single garage with covered access through the screened entertaining space.
House 2 is a self-contained granny flat featuring an air-conditioned combined living space and kitchen, a single bedroom, and a two-way bathroom, providing comfortable accommodation for guests or extended family.
Additional capital improvements on the property include a free-standing double carport, an oversized double garage with an attached double carport, an electric gate providing access to the backyard, a solar power system, and a spear-point watering system. The entire block is level and fully fenced with durable Colorbond fencing, ensuring privacy and security.
With some minor modifications, this property has the potential to generate a gross rental income of at least $1,000 per week. Furthermore, there is the possibility to subdivide a large flat portion of the block at the rear, with frontage facing Tanilba Avenue, subject to council approval (STCA).
This offering represents a rare opportunity to acquire a versatile property with multiple income streams and development potential in a sought-after location.
Local Market Insights
In Tanilba Bay, Quiet Listings observed 20 new houses entering the market over the last 30 days, up from 13 during the previous 30-day period, with an average advertised asking price of $901,250. The property type mix of listed properties is predominantly Houses at 87%, followed by townhouses (4%), and land (4%). Portside Real Estate was the most active agency in this area, representing 60.9% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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
Tanilba Bay NSW 2319
Market Insights for Tanilba Bay NSW 2319
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
