42 Karingi Street, Ettalong Beach
Coastal Wealth Awaits: Development Potential With Great Rent Yields, Near Ettalong Beach!
Discover the ultimate coastal lifestyle just 500 meters from Ettalong Beach CBD and a mere 600 meters from the pristine sandy shores. This property sits on a level 519m2 block, offering rear lane access and coveted R1 zoning, presenting a golden opportunity for a potential duplex or townhouse development in a prime location that's close to both town amenities and the beach.
The existing property features a charming three-bedroom house with a spacious open-plan kitchen and living area, along with its own fenced yard. Currently rented for $530 per week, this residence offers a comfortable living space and a solid rental return.
Additionally, a separate self-contained sleep out with rear lane access is leased to a long-term tenant of 12 years, generating $300 per week in rental income. This property not only provides immediate returns but also holds immense potential for future development.
- Prime location near Ettalong Beach, offering a sought-after coastal lifestyle.
- Potential for high rental yields and property appreciation in a thriving market.
- Versatile development opportunities for residential or commercial projects.
- Proximity to amenities, shopping, dining, and recreational activities
- Strong demand properties in the area.
- Beautiful natural surroundings and stunning ocean views to attract tenants.
- Access to transportation hubs and major roads for convenience and accessibility.
- Invest now and capitalize on the booming real estate market in this desirable coastal area.
- Approx 512 sqm with rear lane access
- Meters to CBD & Beach
Seize the chance to secure your investment now and unlock the possibilities for growth and prosperity. Don't miss this opportunity to own a prime piece of real estate in a highly sought-after location.
Contact Andrew Quilkey at 0421200330 or Jess Warren at 0483228944 to learn more about this exceptional property and take the first step towards making it yours today.
The existing property features a charming three-bedroom house with a spacious open-plan kitchen and living area, along with its own fenced yard. Currently rented for $530 per week, this residence offers a comfortable living space and a solid rental return.
Additionally, a separate self-contained sleep out with rear lane access is leased to a long-term tenant of 12 years, generating $300 per week in rental income. This property not only provides immediate returns but also holds immense potential for future development.
- Prime location near Ettalong Beach, offering a sought-after coastal lifestyle.
- Potential for high rental yields and property appreciation in a thriving market.
- Versatile development opportunities for residential or commercial projects.
- Proximity to amenities, shopping, dining, and recreational activities
- Strong demand properties in the area.
- Beautiful natural surroundings and stunning ocean views to attract tenants.
- Access to transportation hubs and major roads for convenience and accessibility.
- Invest now and capitalize on the booming real estate market in this desirable coastal area.
- Approx 512 sqm with rear lane access
- Meters to CBD & Beach
Seize the chance to secure your investment now and unlock the possibilities for growth and prosperity. Don't miss this opportunity to own a prime piece of real estate in a highly sought-after location.
Contact Andrew Quilkey at 0421200330 or Jess Warren at 0483228944 to learn more about this exceptional property and take the first step towards making it yours today.
features
- Car Parking - Surface
- Close to Schools
- Close to Shops
- Close to Transport
- Built-ins
overview
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1P7996
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$ 977,000
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House
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Sold
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42 Karingi Street Ettalong Beach NSW
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3
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2
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2
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519 sqm
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2