51 Medcalf Street
Warners Bay


Guide: $690,000 - $740,000

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Property Features


Property ID: 3288914

Land Size
758.70 m2

SUBDIVISION OR INVESTMENT OPPORTUNITY IN POPULAR LAKE SUBURB


Attention all investors! We are excited to present two x 3 bedroom townhouses on one title with DA approval for subdivision. An ideal opportunity for astute investors, there's a multitude of strategies that could be employed to maximise your return: subdivide (plan approved subject to council requirements) or strata title (STCA), sell one and keep the other, renovate one while you rent the other - the options are endless!

Located in the highly sought after lakeside suburb of Warners Bay, the properties are just a few minutes drive from the lake's edge, popular local cafes & restaurants, local schools & Warners Bay Private Hospital. Be sure to get in quick and inspect these lucrative homes before they get snapped up fast!

Townhouse 1 (Left side) - 3 Bed 1 Bath 1 Car

- Updated kitchen with feature tiling
- Spacious 12m long living area
- Three sizeable bedrooms with built-in robes, upstairs main with fireplace
- Fresh & modern main bathroom with shower, bath & w/c
- Feature pendants & timber-look flooring throughout
- Front verandah with paved courtyard
- Large sealed courtyard at rear for entertaining
- Front balcony with elevated views
- Single garage at rear
- Currently vacant with potential rent of $330 per week

Townhouse 2 (Right side) - 3 Bed 1 Bath 1 Car

- Bright & neutral upstairs kitchen
- Large lounge area with built-in shelving
- Polished floorboards throughout
- Three comfortable bedrooms
- Neutral main bathroom with separate w/c
- Separate study nook & two storage rooms
- Front balcony with elevated suburb views
- Single garage at rear
- Currently rented for $330 per week until MAR 2019

Individual units are separately metered for gas, water and electricity

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