7 Kywong Street
Lake Cathie, NSW 2445

Overview

7 Kywong Street Lake Cathie NSW 2445

Discover an exceptional opportunity in a highly sought-after coastal location. This versatile property, located just steps from the surf and sand, offers flexible living space, income potential, and long-term development promise.

Special features include a comfortable 2-bedroom home upstairs, complete with a front balcony that offers ocean views. Downstairs features a fully self-contained 1-bedroom unit, ideal for a tenant or extended family. Additionally, there is a large, open gymnasium/storage area downstairs, along with a bedroom and bathroom, providing further options for guests or income potential. The property also includes a generous tandem shed with ample space for vehicles, storage, or workshop use. It is situated just under 100 metres from a beautiful sandy surf and fishing beach, offering the ultimate in laid-back, beachside living. DA approved plans are available on request.

The lifestyle and location are highly convenient, with only a short stroll to the surf beach and local lake. Local amenities such as Woolworths, Chemist, Bakery, Post Office, and a family-friendly Tavern are nearby. There is easy access to daily essentials, cafes, and eateries, and a Medical Centre is within easy reach for health and wellbeing peace of mind. The property is just a short 20-minute drive to the hub of Port Macquarie.

Regarding development potential, the property holds an approved Development Application for three separate townhouses on individual titles. This presents an outstanding opportunity for investors planning future development.

Whether you are looking for a home with income potential, a lifestyle retreat by the beach, or a savvy long-term investment, 7 Kywong Street, Lake Cathie offers incredible flexibility and value. This rare gem is in a prime position in the ever-growing Lake Cathie area.

Property details include council rates of $3,200 per annum and a land size of 575 square metres. Rental potential is estimated at $420 to $450 per week for 1/7 Kywong Street and $500 to $550 per week for 2/7 Kywong Street.

Prospective purchasers are advised to make their own enquiries and form their own judgement as the information provided is based on details from the vendor and agents, whose accuracy cannot be guaranteed.

Location