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Overview
This two-bedroom house is perfectly positioned on a generous 714sqm parcel, offering remarkable potential for a variety of development or renovation projects. The sizeable block, enhanced by secure Colourbond fencing and convenient side access, invites creative possibilities such as dual occupancy, duplex development, granny flat additions (subject to council approval), or even a complete rebuild to construct a bespoke family home.
The home's timber floors and original condition present a solid foundation for renovators and investors to add significant value, while its location close to the lake, shopping centres, transport, medical facilities, and school precincts caters to practical daily needs. Additionally, the proximity to pristine beaches just seven minutes away offers lifestyle appeal for outdoor enthusiasts and those seeking coastal convenience.
Occupying a considerable land area with an existing residence, this property is likely to attract first home buyers, renovators, and investors aiming to enter the market with flexible options for personalisation and long-term capital growth. An excellent tenant currently occupies the property and is keen to remain, offering immediate rental income potential.
- Two-bedroom home with timber flooring providing authentic period character awaiting refurbishment.
- Expansive 714sqm block with wide side access facilitates various building or extension possibilities.
- Potential uses include renovation, granny flat addition, dual occupancy, or new dwelling construction, subject to local council approval.
- Strategically located near essential amenities including schools, shops, public transport, Wyong Hospital, and Lake Haven Shopping Centre.
- Close to natural attractions, with easy access to the lake and Central Coast beaches, supporting an active coastal lifestyle.
- Strong rental history with a reliable tenant keen to stay, offering investment security.
Overall, the property represents a flexible opportunity for buyers with vision who desire to tailor their living environment or investment portfolio in a growing region.
Local Market Insights
In Gorokan, Quiet Listings observed 28 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 $951,071. The property type mix of listed properties is predominantly Houses at 78%, followed by villas (8%), and townhouses (8%). Dotcom Property Sales was the most active agency in this area, representing 21.4% 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
Gorokan NSW 2263
Market Insights for Gorokan NSW 2263
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