A rare and highly versatile opportunity in one of Oak Flats' most convenient lakeside pockets - welcome to 93 Barton Street, an exceptional dual-dwelling investment set on a large 697m² corner block with impressive current returns and huge future potential (STCA).<br/><br/>Property Highlights<br/>Two separate dwellings on one title:<br/><br/>Main House<br/>• 3 generous bedrooms<br/>• 1 bathroom<br/>• Single car accommodation with shower and toilet <br/>• Strong rental appeal with scope to enhance and increase returns<br/>• Leased until 14/09/2026 - $560 per week<br/><br/>Granny Flat<br/>• 2 bedrooms<br/>• 1 bathroom<br/>• Double car accommodation<br/>• Modern and spacious - a reliable income generator<br/>• Approx 10 years old<br/>• Leased until 27/08/2026 - $560 per week<br/><br/>Total: 5 bedrooms | 3 bathrooms | 3 car | 697m²<br/><br/>Investment & Income<br/>• Currently returning: $1,120 per week (House $560 + Granny Flat $560)<br/>• Potential appraisal return: Up to $1,260 per week<br/>House appraisal approx. $680<br/>Granny flat appraisal approx. $580<br/>A high-performing, low-maintenance investment with the option to continue leasing as-is or value-add in the future.<br/><br/>Development Potential (STCA)<br/>With its prime corner position, wide frontage and generous land size, this is a fantastic candidate for future redevelopment.<br/>• Potential for 3-4 units* (STCA) - explore this with your draftsman or architect*<br/>• Corner sites of this size are extremely rare in Oak Flats, making this a strategic land banking opportunity.<br/><br/>Location - Everything at Your Doorstep<br/>Perfectly positioned within moments of:<br/>• The stunning Lake Illawarra foreshore<br/>• Oak Flats Village, cafés and shops<br/>• Schools, parks, and local amenities<br/>• Public transport and major arterial routes<br/><br/>This is a tightly held pocket valued for its lifestyle, convenience, and long-term growth. Call Alex Cockcroft on 0427 785 000 for more information. <br/><br/>*Photos have been digitally stripped and styled.
