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15 Hinemoa Avenue

Killarney Vale, NSW

beds  5 shower  3 cars  2

Sold on 20th October 2023 for $1,050,000

Property TypeHouse

Land Size: 556m2

Investment Opportunity - Waterfront Reserve Property

Discover an extraordinary investment opportunity with this north-facing waterfront reserve property. Featuring two council approved and purpose-built duplexes which you could do a quick makeover or a major renovation, the choice is yours. This gives you the opportunity to strata title the properties, enabling them to be sold separately or hold the properties, live in one, rent the other or rent both. This property offers incredible options for savvy investors seeking prime real estate.

The configuration:

Unit 1
2 large bedrooms, one-bathroom, separate kitchen and living areas complemented by a covered outdoor deck which takes full advantage of the waterfront reserve and Tuggerah Lakes. Single lock up garage with auto door plus a very large concrete floor under house storage room.
Rental potential $500 per week

Unit 2
3 bedrooms with two bathrooms and open plan kitchen, dining and living which looks straight out over the waterfront reserve and Tuggerah Lakes. Single lock up garage plus storage.
Rental potential $600 per week

Both duplexes face north with water views and have direct access to the waterfront reserve where there is plenty of space for family games.

Key Highlights
• Prime waterfront reserve location
• Opportunities for consistent rental income
• Direct access to water activities just steps away
• Conveniently situated near essential amenities
• Take full advantage of the oversized reserve area
• Cycle and walking pathway through to The Entrance
Doug Jones

Doug Jones

0404 852 223

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Oliver Vanderslot

Oliver Vanderslot

0473 569 962

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