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516 The Entrance Road, Bateau Bay NSW 2261
House
422
Block size: 594 m² approx.
Investor's Dream in Bateau Bay! Duplex with Endless Potential
Are you ready to seize a golden opportunity in the thriving beachside suburb of Bateau Bay? This fantastic property at 516 The Entrance Road offers not one, but two 2-bedroom properties on a single title. With an impressive rental return of $812 per week, you'll have an enticing source of income from day one, with great tenants who are happy to remain in place.
Features include:
- Two 2-bedroom, separately metered, approved homes.
- Steady rental return of $812 per week.
- A combined annual return of $42,224 with a potential yield of 5.28%.
- Both properties offer an open-plan kitchen and living area.
- Plus, two good-sized bedrooms, functional bathrooms, and laundries.
- Two spacious gardens, ideal for kids and pets.
- Located close to Bateau Bay Pub and Bateau Bay Square.
- Generous wide frontage, ideal for redevelopment down the track.
Investor's Delight: This property is an exceptional find for investors looking for a solid, long-term return on investment. With two separate properties on one title, you'll enjoy dual rental income, ensuring a consistent flow of cash.
Prime Redevelopment: The land's generous wide frontage makes it an enticing prospect for developers seeking to unlock the full potential of this prime location. Positioned on a generous 594sqm of near-level land, you can explore the possibilities for further development, whether it's additional units, townhouses, or your own dream project.
Lifestyle and Location: Bateau Bay is renowned for its stunning beaches, vibrant community, and convenient access to shopping, schools, and entertainment. You and your future tenants will appreciate the ease of living in this popular coastal suburb.
For more information on this great opportunity, contact Ben on 0406 456 498 or Jodie on 0424 914 364.
Features include:
- Two 2-bedroom, separately metered, approved homes.
- Steady rental return of $812 per week.
- A combined annual return of $42,224 with a potential yield of 5.28%.
- Both properties offer an open-plan kitchen and living area.
- Plus, two good-sized bedrooms, functional bathrooms, and laundries.
- Two spacious gardens, ideal for kids and pets.
- Located close to Bateau Bay Pub and Bateau Bay Square.
- Generous wide frontage, ideal for redevelopment down the track.
Investor's Delight: This property is an exceptional find for investors looking for a solid, long-term return on investment. With two separate properties on one title, you'll enjoy dual rental income, ensuring a consistent flow of cash.
Prime Redevelopment: The land's generous wide frontage makes it an enticing prospect for developers seeking to unlock the full potential of this prime location. Positioned on a generous 594sqm of near-level land, you can explore the possibilities for further development, whether it's additional units, townhouses, or your own dream project.
Lifestyle and Location: Bateau Bay is renowned for its stunning beaches, vibrant community, and convenient access to shopping, schools, and entertainment. You and your future tenants will appreciate the ease of living in this popular coastal suburb.
For more information on this great opportunity, contact Ben on 0406 456 498 or Jodie on 0424 914 364.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Ben Crockford to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
4
Bathrooms:
2
Garage Spaces:
2
Property type:
House
Block Size:
594 m²*
Other Details
Lot:
45
Plan Type:
DP
Plan:
24139
Legal description:
45/24139
Maps and area information
Block information
Block size: 594m² (approx)
Legal description: 45/24139
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Nearby sales
Looking to compare sales prices?
We found 23 houses with 4 bedrooms that just sold near 516 The Entrance Road Bateau Bay
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
15 Dec 2023
Sold
$795,000
Contract: 06/11/2023
Transfer: 15/12/2023
Block size: 594.4m²
Transfer type: Full transfer
Purpose: Residence
27 Apr 2015
Sold
Real Estate Central Coast
$382,000
Contract: 27/04/2015
Listed: 02/04/2015
Days on market: 25
Transfer type: Full transfer
Bateau Bay suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
45 years
Population
12,516
Listing ID: 182055764. This listing has been viewed 27 times. It was first displayed on 02/11/2023 and last updated on 06/11/2023.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.