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18 & 18a Liamena Avenue, San Remo NSW 2262

$1,300,000 - $1,400,000

Search Band Search Visibility Band

$1.3M - $1.4M High Confidence Calculated based on strong search observations.

House 7 Beds 3 Baths 2 Cars 600 m²

Listed: 8 days ago

Updated: 4 days ago

Overview

Set within a serene waterfront reserve, this distinctive property offers a versatile living and investment opportunity. The expansive layout featuring two residences within the two-storey main building, complemented by a council-approved three-bedroom granny flat, creates multiple income streams and adaptable living arrangements.

The upper level captures gentle waterfront breezes and scenic views, boasting a well-maintained three-bedroom home with a functional kitchen opening to a front verandah, separate lounge and dining areas, air conditioning, and a sunroom. The rear verandah serves as a tranquil retreat overlooking peaceful surroundings. This section currently secures a reliable rental income.

Below, a self-contained one-bedroom unit provides ample space with a built-in wardrobe, generous living areas, bathroom, and laundry facilities, ideal for extended family accommodation or additional rental yield.

The separate, second council-approved dwelling maximizes the property’s waterfront appeal, featuring three bedrooms, modern bathroom plus an additional toilet, air conditioning, and an enclosed rear deck with captivating water vistas. A lockable storage beneath the deck offers practical kayak storage, enhancing the lifestyle potential.

Additional amenities include a single lock-up garage repurposed into storage compartments and off-street parking, rounding off a comprehensive package designed for flexibility.

This property’s triple rental return demonstrates immediate income potential alongside future versatility, suiting investors or families needing multi-generational accommodation in an enviable waterfront location.

Local Market Insights

In San Remo, Quiet Listings observed 21 new houses entering the market over the last 30 days, up from 20 during the previous 30-day period, with an average advertised asking price of $974,286. The property type mix of listed properties is predominantly Houses at 81%, followed by villas (7%), and land (4%). The most active agency for houses in the San Remo area is currently McGrath Estate Agents, representing 33% of new listings, followed by @Realty with 29%. 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.