17 Lloyd Avenue, Chain Valley Bay NSW 2259

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17 Lloyd Avenue, Chain Valley Bay NSW 2259

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$950k - $1M Medium Confidence Calculated based on our search observations.

House 2 Beds 2 Baths 2 Cars

Listed: 2 days ago

Overview

This property presents a unique opportunity by combining a commercial premises with a separate two-bedroom residence, offering a versatile lifestyle and investment prospect in the scenic lakeside community of Chain Valley Bay. Situated opposite the tranquil beauty of Lake Macquarie, this location is a well-established local hub that benefits from consistent patronage, showcasing its strong ties to the community.

Ideal for investors, owner-operators, or those seeking a live-work arrangement, the property generates attractive rental income streams from both the shop and the adjoining flat. This dual-income potential reinforces the financial appeal, while the central positioning enhances accessibility and visibility.

The property's setting lends itself well to anyone appreciating a lakeside environment coupled with business opportunities. With a mix of residential comfort and commercial functionality, it supports a lifestyle that integrates practical living with entrepreneurial endeavors, ensuring versatility and sustainability in a sought-after coastal locale.

Dual-use property featuring a commercial premises and a separate two-bedroom flat
Strong community presence with a reliable flow of local customers
Attractive combined rental income of $1,050 per week ($54,600 per annum)
Opportunity suited to investors, small business operators, or those seeking a convenient live-and-work composition
Located directly opposite Lake Macquarie, enhancing lifestyle appeal

Local Market Insights

In Chain Valley Bay, Quiet Listings observed 81 new houses entering the market over the last 30 days, down from 90 during the previous 30-day period, with an average advertised asking price of $1,139,296. The property type mix of listed properties is predominantly Houses at 73%, followed by commercial properties (10%), and land (7%). The most active agency for houses in the Chain Valley Bay area is currently Ray White, representing 32% of new listings, followed by McGrath Estate Agents with 26%. 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.