Overview

Located in the heart of Yamba, 31 Wooli Street offers a unique investment opportunity with five self-contained residential units on a single title, situated on a prime corner block of approximately 550m². Such opportunities are rare in this sought-after area.

This property is zoned R3 Medium Density, allowing for a building height of up to 12 meters, making it an attractive option for investors and developers alike. The site not only provides a steady income stream but also holds significant potential for future development.

Currently, four of the five units are leased, ensuring a reliable income from day one. The fifth unit, a spacious top-floor residence, is available for personal use, holiday letting, or leasing for additional income. Each unit is equipped with its own kitchen, bathroom, and living area, featuring two bedrooms in each residence.

The dual-level complex is positioned on a sunlit corner, with its central location providing easy access to beaches, cafes, shops, parks, and the marina. The value of this location cannot be overstated.

To be sold at auction, 31 Wooli Street combines an excellent location, consistent income, and future potential, making it a property not to be missed.

Key Features:

• Five residential units on one title
• Zoned R3 Medium Density with a 12m height limit
• Approximately 537.5m² prime corner site
• Consistent income with four units currently tenanted
• Top-floor two-bedroom unit available for flexible use
• Outstanding central Yamba location
• Walking distance to beaches, shops, cafes, and the river
• To be sold at auction - a must-see opportunity!

Invest today and develop tomorrow; this is your chance to secure a cornerstone property in one of the East Coast's most desirable beachside markets.

Location