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House

11 Margaret Street Warners Bay, NSW 2282

Sold for $880,000 on 27 Feb 2020
  • 6 Beds
  • 2 Baths
  • 2 Cars
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11 Margaret Street, Warners Bay, NSW 2282

House in Warners Bay

The ultimate lakeside investment

  • 6 Beds
  • 2 Baths
  • 2 Cars

Set on a perfectly level 1011sqm block, zoned R (3), medium to high density, with 20m of street frontage, this property offers an exceptional return, with solid, future development potential.

The front home offers 4 good sized bedrooms, open plan living with a reverse cycle air conditioner, a very neat and tidy kitchen and bathroom, internal laundry. Additionally there is a good sized garage and carport. Currently returning $460 per week

Just over 3 years old, the second property includes a spacious lounge and dining area, opening onto an undercover entertaining area. There is a well equipped kitchen with stainless appliances, 2 good sized bedrooms, modern bathroom. Also tenanted at $395 per week, thats an impressive combined income of $855 per week, or $44,460 pa.

Located in the heart of Warners Bay, just 500m from the local CBD, lake, cafes, schools and transport, properties like this rarely become available in one of Lake Macquarie's best growth suburbs. To arrange an inspection, contact Shaun Elms on 0425 285979

Parking:

2 garage spaces

Bedrooms:

6

Bathrooms:

2