5 Greenshank Street, Peregian Beach QLD 4573

This solid dual-level dwelling, circa 1970's, just 190 metres to direct beach access, offers genuine duplex-style dual living with two fully self-contained levels, both rented, generating two incomes for the investor owner.

Each level comprises three bedrooms, a bathroom, a full-sized kitchen, open plan living/dining, laundry, and north facing covered balcony (upstairs), and patio (downstairs); there is no internal staircase, so it is very much configured for independent, private living on each level.

The upper level has raked ceilings with exposed timber beams, exposed brickwork, and an archway to the kitchen – infusing an ambience of warmth and charm indicative of its vintage; there are also ceiling fans in bedrooms and living, and the bathroom/laundry combo has a separate shower and bath.

• Dual living – 2 separate tenancies
• Double-storey dwelling on 519m2
• Beachside location – 190m to sand
• Each level is fully self-contained
• Upper level tenanted until 15/9/23
• Ground level tenanted until 4/12/23
• 15-minute walk to village & surf club
• Property next door also for sale by the same owner
• Blue-chip location, exceptional buying!

Whitewashed exposed timber, reverse cycle air-conditioning and timber look vinyl in the living, security screen door to patio, and direct external access from the master bedroom – are existing features of the ground floor.

Currently, the ground floor is rented with the lease expiring in early December 2023; the upper level is rented with the lease expiring in mid-September. Should the tenants not stay on, securing tenants in such a prime beachside locale in a historically tight rental market will not be an issue.

The property itself is located on a 519m2 corner block with dual street access, in a premium beachside pocket, highly sought after and just footsteps to Lorikeet Drive with its prestigious beachfront homes – this is a blue-chip area to live and invest!

Peregian Village with its boutique dining, retail, tavern, and surf club is 1.5 -kilometres (15–20-minute walk), local public and private schools are a five-minute drive, and it's only a 15 minutes drive north to Noosa or south to the airport.

Investors, renovators/builders, and even buyers seeking a property for the extended family – should take a serious look at this…please note, the property next door is also being sold – this could be the opportunity of the decade! Submit your best offer on or before Auction!