Positioned within a boutique waterside enclave on the shores of the Peel Harvey Estuary, this two-storey townhouse presents an opportunity for investors to secure a low maintenance coastal property with a fixed term tenancy already in place.
Currently leased at $520 per week until 10 September 2027, the property is being offered for sale with the existing tenancy continuing in accordance with the current lease. For investors, this means rental income is already established from settlement, without the immediate need to source a tenant.
Beyond its investment credentials, the property offers an appealing combination of space, functionality and an enviable waterside setting in one of the Peel region's most relaxed coastal locations.
Step inside and the home opens into a light-filled living, dining and kitchen zone, with crisp white ceilings, tiled floors and plenty of natural light.
The kitchen sits at the heart of the home and is well equipped with stone benchtops, a gas cooktop, built-in oven, dishwasher and a generous island bench providing ample preparation and casual dining space.
Sliding doors extend the living area outdoors to a private alfresco patio, creating an easy connection between indoor and outdoor living and a relaxed space to enjoy the coastal surrounds.
REST AND RETREAT UPSTAIRS
Upstairs, three bedrooms provide comfortable accommodation, each offering built in storage. A versatile central landing provides additional space that could suit a study area, reading nook or secondary sitting space, while the main bathroom features both a separate shower and bath. The master suite enjoys its own sense of privacy, complete with a walk in robe and private ensuite, creating a comfortable retreat away from the main living areas.
BUILT FOR EASY LIVING
Downstairs, the double garage provides secure parking and convenient internal access directly into the home. A separate laundry and downstairs WC add further practicality, while air conditioning provides year round comfort. With its low maintenance design, established tenancy returning $520 per week and desirable position close to the Peel Harvey Estuary, this property represents an attractive opportunity for investors seeking an established rental in a sought-after coastal location.
INVESTMENT AT A GLANCE
• Currently returning $520 per week
• Fixed-term lease in place until 10 September 2027
• Three-bedroom, two-bathroom townhouse
• Double garage with internal access
• Low-maintenance design
• Boutique waterside setting near the Peel-Harvey Estuary
LOCATION HIGHLIGHTS
• Coastal and estuary living - Falcon occupies an enviable position between the Indian Ocean and Peel Harvey Estuary, providing easy access to beaches, calm estuary waters, fishing and crabbing
• Family friendly location - South Halls Head Primary School and Pringle Bay Beach are within easy reach
• Waterside reserves nearby - Olive Reserve and Cox Bay provide picturesque open spaces and opportunities to walk and enjoy the estuary surrounds
• Shopping close at hand - Miami Plaza Shopping Centre provides convenient access to Woolworths and a range of specialty stores and everyday amenities
• Community amenities - Falcon Library and Community Centre provides additional local facilities within easy reach
THE OUTGOINGS
• Council Rates ~ $2,065.00 Per Annum
• Water Rates ~ $1,400 Per Annum
• Strata Rates ~ $712.40 Per Annum
An established tenancy, consistent rental income and an appealing waterside location combine to make this a compelling addition to an investment portfolio.
Disclaimer: While every effort has been made to ensure the accuracy of the information contained in this advertisement, Turner Estate Agents accepts no responsibility and disclaims all liability for any errors, omissions, inaccuracies or misstatements. Prospective buyers are encouraged to make their own enquiries to verify all information, including but not limited to measurements, property features, boundaries and any other details that are material to their purchasing decision.
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