2/11 Oxley Street, Lake Cathie NSW 2445

Located only several minutes from Lake Cathie Swimming area, Shops, Bowling Club & Beach, this solid brick property is sure to be a popular buy for investors and holiday home seekers. It consists of 2 x 2 bedroom flats which offer a unique opportunity for a rental yield of $580 per week (approx. 6%) OR live in one & receive an income from the other. Upstairs has 2 good sized bedrooms (both with closet storage), tile bathroom (shower, vanity, & WC) a stainless steel kitchen with a southerly outlook & an open living area which opens onto the entertaining deck. Renting for $330 per week. Downstairs also offers 2 bedrooms but has 2 living areas, a tidy kitchenette and a compact bathroom. A tidy back yard and a covered patio. Currently rented for $250 per week with potential to increase. The flats are separately metered (water & power) What a unique opportunity: 1 km to Lake Cathie Woolworths, 9 km Port Macquarie Golf Club
18 km to Port Macquarie, 17 km to Laurieton.