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Overview
Situated in the growing town of Karuah, this unique dual key property at 13A & 13B Snowgum Road represents a rare investment prospect offering immediate financial returns alongside long-term growth potential. Sold as a single entity, it currently yields a strong combined rental income, making it a secure addition to any investor's portfolio.
The property occupies a low-maintenance block of approximately 558 square meters within a sought-after estate, conveniently close to local amenities and the scenic Karuah River. Its thoughtful design balances privacy and practicality across two self-contained dwellings, making it ideal for investors seeking established tenancy under one title.
- Five bedrooms and three bathrooms are distributed between the two residences, accompanied by two single garages and a shared driveway, enhancing ease of access and security.
- Residence 13A is the larger of the two, featuring three bedrooms including a modern master suite with an ensuite and split-system air conditioning. The open-plan living, dining, and kitchen areas extend seamlessly onto a covered alfresco space, perfect for relaxed indoor-outdoor living.
- Residence 13B offers a compact yet functional layout with two bedrooms, a kitchenette adjoining a family and dining area, its own garage, and a private outdoor tiled patio, catering to smaller households or tenants preferring intimacy.
- Both homes exhibit practical open-plan layouts, internal laundries, built-in wardrobes, ceiling fans in all bedrooms, and are fully fenced, providing convenience and comfort for tenants.
- Given Karuah's ongoing development and proximity to new land estates, this property also presents an attractive proposition for capital appreciation.
This dual income dwelling is well-suited to investors looking to diversify or commence their property portfolio with an asset that delivers immediate cash flow supported by strong tenant demand and sensible growth prospects.
Local Market Insights
In Karuah, Quiet Listings observed 2 new duplexes entering the market over the last 30 days, down from 5 during the previous 30-day period, with an average advertised asking price of $800,000. The property type mix of listed properties is predominantly Houses at 69%, followed by land (12%), and villas (6%). Myall Coast Realty was the most active agency in this area, representing 64.5% 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
Karuah NSW 2324
Market Insights for Karuah NSW 2324
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