Dual-Income Investment Opportunity - Renovated + Strong Returns and good long-term tenants
Unlock the potential of this rare dual-income asset, perfectly positioned to attract long-term tenants Set just moments from the coast, this property offers two separate dwellings on one title, providing immediate cashflow and long-term growth appeal.
Front House - 2 Bed, 1 Bath
Well-maintained and full of character, the main residence features two generous bedrooms, a functional layout, and plenty of natural light. featuring blackwood kitchen, modern bathroom, and beautiful hardwood flooring. Currently leased at $400 per week, it delivers reliable income with scope to add further value over time.
Rear Beach Shack - Self-Contained, Renovated
Privately set behind the main home, the self-contained unit has been stylishly renovated throughout, offering modern finishes, open-plan living, and its own entrance. This high-demand rental achieves $360 per week, making it an ideal second income stream or an attractive Airbnb option (STCA).
Why Investors Love It:
- Dual income on a single property - reduced vacancy risk
- Strong weekly return of $760 combined, could be increased over time.
- Low-maintenance dwellings with modern upgrades.
- Flexible investment - long-term rental, short-stay accommodation, or live in one and rent the other
- Sought-after coastal location ensuring consistent rental demand
Whether you're expanding your portfolio or securing your first investment, this high-yielding property offers instant returns and long-term potential-an opportunity not to be missed.
**Harcourts Devonport & Shearwater have no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**
Property ID: #L37605606