7 Stevenson Lane, Taree NSW 2430

There is a lot of real estate here for the money!

This extremely versatile property consists of two separate self-contained dwellings plus a surprisingly large industrial style warehouse that boasts excellent storage, secure vehicle parking and office facilities.

There is a very real potential for this property to return $420 per week for the main residence, $310 per week for the townhouse and possibly another $150 per week for the warehouse. That is an unheard of return of $880 per week giving an impressive return of 9% (gross) per annum based on the asking price.

While investors will love this property it would also be ideal for live in home owners who have extended family needing more living space than you will normally find in this price range.

Originally built by a local tradesman for his family to live comfortably and to operate a business from the one location this property really does offer endless possibilities!

Take a serious look at 7 Stevenson Lane as this unique opportunity is sure to appeal to all types of purchasers! Check the long list of features -

Main residence features:
- Neatly presented family sized home offering up to 4 generously sized bedrooms.
- Spacious main living room. Galley style kitchen with gas stove.
- Original bathroom and separate toilet.
- Internal laundry.
- Covered rear BBQ / entertainment area with potential for other uses.
- Excellent vehicle access down the side driveway to the huge four car carport and warehouse.

Warehouse and carport:
- Massive 4 bay carport with power and concrete floor measuring approximately 12 metres wide X 6.8 metres deep. Ideal for accommodating vehicles, 'boys toys' or trade equipment.
- Split level fully lockable warehouse is approximately 12.3 metres wide x 6.6 metres deep across the top level and features hardwood timber flooring plus 3 storage rooms.
- The lower level of the warehouse measures approximately 7.2 metres wide x 6.6 metres deep and has concrete flooring, ample storage and basement. This level can be accessed via a large industrial roller door or steps from the upper level.
- There is a loft style office space above both levels of the warehouse which has a storeroom and sink. A tradespersons toilet is located downstairs.
- Total area of the warehouse is approximately 128 square metres on ground floor.

Second residence:
- Two bedroom town house style unit with a generous lounge room.
- Both bedrooms have ceiling fans. Kitchen offers an electric stove and adjoining dining area.
- Combined bathroom / laundry works well within the town house.
- Outside sitting / entertainment area on ground Level. Established garden area and lawn.
- Backing onto peaceful parkland and enjoying a leafy outlook.

Location, Size & Zoning:
- Situated within 800 metres from the centre of Taree for all business, schooling, shopping, medical and entertainment venues.
- Land area is 1012m2 otherwise known as a quarter of an acre.
- Town water, power and sewer connected to all improvements.
- Property zoning is R1 General Residential under Greater Taree LEP 2010.

Elders Real Estate invites you to inspect 7 Stevenson Lane to gain a fully appreciation of its scale, features and options for personal use or investment return.

For further details on the property contact the listing agents Troy Loretan on 0400 530269 or Shane Merrick on 0408 621962.

* Rental returns quoted above are based on current market conditions as of May 2023.