Price Undisclosed

5 Bed  •  3 Bath  •  2 Car  •  715m²

Main view of Homely house listing, 1 Figtree Lane, Fennell Bay NSW 2283
Floorplan of Homely house listing, 1 Figtree Lane, Fennell Bay NSW 2283
Second view of Homely house listing, 1 Figtree Lane, Fennell Bay NSW 2283
+10

Sold

1 Figtree Lane, Fennell Bay NSW 2283

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Price Undisclosed

  • 5
  • 3
  • 2
  • 715m²

House Sold on Thu 20 Feb, 2020

What's around Figtree Lane

House description

“Versatile Waterfront Living with Dual Income Potential”

Positioned for serenity at the very end of a no-through lane and bordered by the bright blue waters of Lake Macquarie, inspiring views are ready to be enjoyed from this welcoming lake-house. Capturing the essence of waterfront living, the fluid open arrangement of the upper level creates a relaxed atmosphere with four bedrooms and simple flow from living zones to alfresco dining. Downstairs provides for multi-generational households with a fully contained flat that sits within the larger home. The self-contained flat is currently rented at $300 p/w and the top level home was recently rented for $630 p/w providing a substantial return on investment for the astute investor. Every bedroom bar one has water views, this is an amazing chill-out haven in an incredibly private setting for those seeking tranquility but wanting all the conveniences of a major township in easy reach.


NOTE: The last two photos are of the self-contained flat and the grassed area immediately in front of the flat.


- Self-contained flat currently renting for $300 p/w and the house was recently rented for $630 p/w with a potential combined revenue of $930.00 per week!
- 180-degree water views over the lake
- Stone island kitchen and living zone with stacker doors opening wide to alfresco dining
- A second living/rumpus/media room offers a quiet escape for families if needed
- Built-ins to four generous bedrooms, three located around a modern main bathroom
- Luxe master suite with ‘in-room’ spa bath, ensuite and access to a waterfront balcony
- In-house flat with kitchenette, bathroom, bedroom, living space and private entry
- Terrific Airbnb option, or rent the flat and live upstairs, or rent both to maximise returns
- Solar power installed on the main house
- Ducted air-conditioning, great cross-flow ventilation, secure double garage, 5kms to Toronto
- Overlooks the calm waters of Kooroora Bay, a breathtaking backdrop to daily life
- Water Rates: Approx $250 p/q, Council Rates: Approx $550 p/q, Total Rental Potential: $930 p/w

Council rates

$550 p/q

Land details

Area: 715m²

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