Welcome to 2 Lakeside Drive, Kanahooka NSW, a remarkable opportunity for both investors and families seeking a versatile property in a thriving suburb. This established property features two homes on one title, making it an ideal investment with the potential for subdivision. The primary residence is a spacious three-bedroom home that boasts air conditioning and an open-plan living area that seamlessly connects to the modern kitchen; with eight solar panels installed, this home offers energy efficiency while being leased out at $550 per week.
The second dwelling is a charming two-bedroom house equipped with twelve solar panels, ensuring sustainability and reduced utility costs. It also includes split air conditioning for comfort during warmer months and has been thoughtfully designed with easy maintenance in mind through its floating floorboards. This home is complemented by an outdoor entertaining area overlooking the beautiful garden.
Situated on a generous 582 square meters of land, this property not only offers comfortable living but also presents significant financial opportunities. Investors can expect strong returns if both residences are leased out, resulting in a combined income of approximately $1,075 per week. Furthermore, the location provides convenient access to local schools and public transport right at your doorstep.
Why This Property Is Attractive
This property appeals greatly to investors due to its dual-income potential from leasing both homes simultaneously while offering options for future development through subdivision. Families will appreciate the spacious layout and proximity to essential amenities such as schools and parks, which contribute positively to lifestyle quality. Energy-efficient features like solar panels further enhance its attractiveness by reducing ongoing expenses.
Property Features - Dishwasher - Floorboards - Air conditioning - Solar panels (8 panel & 12 panel) - Water tank (2500 litres linked to laundry & toilet) - Outdoor area - Undercover parking
The Location Approx kilometres from: - Wollongong City Centre- 15km - Lake Illawarra Foreshore-1km - Kanahooka High School-2km - Dapto Mall Shopping Centre-5km - Kanahooka Public School-2km
Key Financial Details - Land rates: $489 per quarter - Current Weekly rent: $550 per week
Contact Darren on 0413747322 for a private inspection.
Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our vendors. As such, First National Real Estate Albion Park makes no statement, representation or warranty and assumes no legal liability about the accuracy of the information provided. Interested parties should conduct their due diligence about each property they consider purchasing. All photographs, maps, and images are representative of marketing purposes only.
