5-6 Faye Close, Bateau Bay NSW 2261

Auction Location: On-Site.

Duplex (two townhouses) on one-title - renovate and retain dual-rental income, or potentially strata-title into two separate townhouses and sell both individually for profit!

While not for the faint hearted, this won't scare builders, tradies, renovators and experienced investors, and when you look at the overall potential - it's a rough diamond with the ability to add huge value!

The Property (General):
- Duplex on one-title - solid brick construction, tile roof, concrete slab
- Renovate and retain dual-income, or potentially strata-title and re-sell individually
- Convenient location close to shops, beaches, schools and parks
- Quiet cul-de-sac street, adjacent to many newly-built homes
- Great block size 699 sqm, side access and generous backyards to both
- Vendor discloses damage, refer to contract

The Property (Specific) - Each duplex with:
- 3 bedrooms upstairs (all with built-ins)
- Main bathroom upstairs, second toilet downstairs
- Large open plan living / dining downstairs, adjoins kitchen
- Garage with internal access

The Location:
- 290m walk to multiple bus stops
- 550m to Sir Joseph Banks Community Oval and Playground
- 950m walk to Cresthaven Shops (IGA plus 12 specialty retailers)
- 1.8km to Brooke Avenue Primary School (zoned for)
- 2.4km to Bateau Bay Square (major shopping centre, 90 retailers)
- 2.9km to Bateau Bay Beach access and Wyrrabalong National Park
- 3.9km to Tuggerah Lake foreshore, cycle way, boating, fishing
- 4.1km to Shelly Beach Golf Course, Surf Club, cafe and restaurants
- 4.8km to Long Jetty's vibrant cafe and shopping precinct
- 15min drive to Tuggerah Train Station, and Westfield Tuggerah
- 15min drive to M1 Motorway interchange at Tuggerah

General information (at time of listing):
- Suburb median sale price (houses): $748,000
- Suburb highest sale price: $2,000,000
- Potential rent return for renovated 3 bed duplex: Approx. $460 /wk each

If you're looking for a renovation project, addition to investment portfolio, or to potentially strata-title and re-sell for profit, then this is the one you've been waiting for! Contact Jay Hinde on 0405 422 825 for more information.

Disclaimer:
All information contained herein is gathered from sources we consider to be reliable, however we cannot guarantee or give any warranty about the information provided. All images, border/s and floor plans are indicative of the property and for illustrative purposes only. Any development potential stated herein is suggestive only and may be subject to relevant approvals. Interested parties must solely rely on their own enquiries.