50 Admiralty Drive
safety beach NSW 2456

934m2 large block of land less than 1km to the beach with existing 3 bedroom house; quality built by Coral Homes just 5 years. Land of this size offers many opportunities, including the potential for building a second dwelling; great for the investor who is looking for a high volume of rental return and no strata fees or perfect for the extended family who wish to live close by while maintaining separate lives.

This home is also great for families who wish to put in an outdoor pool, a granny flat, trampoline, cubby house, play ground or a large work shed. You have plenty of back yard space.

The home has multiple functions:

Keep it as a 3 bedroom home with 2 separate living areas, use the second living area as a fourth bedroom or convert that area to a studio (STCA) to earn extra income. Create a space that suits you; the possibilities are endless with this flexible space.

For the savvy investor:

Our property management team have conducted an updated rental appraisal;

the studio (STCA) $300pw and the 2 bedroom home for $400-$420pw which totals to $700-$720pw. If you built another dwelling with the same layout then potential total rent return is $1,400-$1,440pw. With low rental properties and the bypass construction coming up, this is a great opportunity for 2 properties on one tittle and no strata fees.

Features:

-934m2 large level block, ready to add a second dwelling or a granny flat

-Brick and tile, quality built just 5 years ago by Coral Homes

-Multiple possibilities for the green back yard such as pool, granny flat and/or work shed

-Multiple potential for the property; 3 bedroom with 2 living areas or 2 bedroom + 1 bedroom studio (STCA) or 4 bedroom home

-Less than 1km to the beach, few minutes to Woolgoolga Golf Club

-Less than 5 minutes' drive to Woolgoolga, shops and cafes

-Just 25min to Coffs Harbour and Coffs Harbour airport

Disclaimer: Agent does not guarantee accuracy of the information. Purchasers need to make their own independent enquiries.