161 Tuggerah Parade, Long Jetty

3 Potential Incomes on 1 Title – Amazing Residential Return Possibilities – Well Below Replacement Value

Amazing residential investment opportunity to conservatively achieve around a 5% return with potential to fully let the 3 separate residences in one of the most beautiful waterfront reserve locations on Tuggerah Lakes

Unique offering with magnificent Federation style home currently set up with a family sized 4 bedroom home with 3 bathrooms, attached separate single level 2 bedroom villa & separate upstairs fully detached self contained studio

Long term stable tenant in the villa already paying $330pw, previous return of $350pw for the studio & potential for the home to lease around $600 - $650pw providing a conservative income of around $1280 - $1330pw with potential to capitalise on the rental demand & enjoy an even healthier return

Very rare opportunity to acquire such a beautiful lakefront property that offers so much versatility for either investment, home plus income, holiday letting, previous Bed & Breakfast approval or ideal for anyone with an extended family that offers practicality of being together yet separate enough to enjoy complete privacy

Main home offers spacious separate living areas including formal lounge with gas fireplace, separate dining & open family room off beautiful modern kitchen. Upstairs has 4 bedrooms all with built ins, 3 directly access undercover verandah taking in the views & main with ensuite & walk in robe

Villa is single level with open plan generous living area leading onto large timber kitchen, 2 good size bedrooms with built ins, internal access from laundry to lock up garaging. Currently returning $330pw with long term tenant on expired lease

Studio is accessed via ornate spiral staircase that leads up to an open fully self contained sunny space with raked timber high ceilings, quality kitchen all with a beautiful homely feel. Situated above a fully detached double garage with extra high ceilings & private driveway access via remote security gates

Fully fenced 632m2 corner lot, 2 separate driveways both with security gates, low maintenance fully landscaped grounds & gardens positioned perfectly to take advantage of the breathtaking sunsets & waterviews this section of Tuggerah Lakes foreshore is famous for

Within minutes to Toowoon Bay, Shelly Beach & The Entrance. Shopping, schools, transport all within easy access & only around 20 mins to freeway & rail for the commuters

A property that must be seen to be appreciated for the versatility & potential it offers…

E & OE. Please note that all information herein is gathered from sources we, McLachlan Partners believe to be reliable. However we, McLachlan Partners cannot guarantee its accuracy and any interested person/s should rely on their own enquiries.

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Preferred contact method:
Brent Speechley 0412 467 796 02 4332 1155
Suzanne Kenny 0414 789 709 02 4332 1155

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7 Bed | 5 Bath | 4 Car


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Property Features

Air Conditioning
Alarm System
Built in Robes
Ducted Cooling
Ducted Heating
Fire Place
Heating Other
Hot Water Electric
Reverse Cycle Air Con
Rumpus Room
Spa (Inside)
Split System (Air Con)
Vacuum System