157 Booker Bay Road, Booker Bay NSW 2257

Discover this rare and highly desirable investment property nestled in the tranquil locale of Booker Bay, moments from the vibrant heart of Ettalong Beach. This exceptional holding consists of a block of three (3) x 2-bedroom single-level villas currently leased to great tenants offering immediate and secure rental income. Coupled with an unrivalled coastal lifestyle and significant future development potential, this is a true 'blue chip' opportunity.

Property Features & Investment Highlights:

Unbeatable Beach Access: Just a 130-meter stroll to a sandy beach on the foreshore of Brisbane Water

Strong Financial Return: Currently generating an impressive gross income of $90,000 per annum.

Prime Investment Vehicle: Perfectly suited for a high-performing SMSF investment.

Future Value-Add Potential (STCA)

Strata Subdivision Potential: Explore immediate opportunities to subdivide the block and sell down individual titles.

Water View Upside: Add a second story to potentially unlock magnificent ocean and water views, dramatically increasing future resale value.

Lifestyle Location: Walk to Everything!

Positioned in Booker Bay for peace and quiet, yet offering absolute convenience! Enjoy an easy, flat walk to the best of Ettalong Beach including, shops, restaurants and Cafes as well as the local Cinema complex.

Bus stop right at your door.

A 10 minute walk to the Ettalong Ferry terminal for convenient access to Palm Beach.

Zoning: R1 - General Residential
Council Rates: $960 per quarter
Water Rates: $475 per quarter

This is an investment opportunity that combines income security with unparalleled growth potential in a premium coastal market. Do not miss this chance to secure your piece of paradise.