Feature Property
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Bed 6 | Bath 5 | Car 3
- 9 Point Street, Bulli
- AUCTION: Saturday, May 22 at 11.30am onsite
- AGENCY: MMJ Wollongong, 4229 5555
- AGENT: Daniel Hastings, 0416 283 876
- INSPECT: Sat, May 8 at 11.30am-noon
Rarely will a property be able to cater for so many different requirements and tastes.
Whether you're needing to accommodate a larger family, want to achieve a rental income or house extended family via the approved downstairs residence or explore the strong re-development potential...this home has it all from one of the Illawarra's highly sought after locations, at Sandon Point.
The home is currently set up as a four bedroom top floor home plus an approved two to three bedroom residence on the lower level. However, it could be converted to a large single residence.
Situated on a corner block, approx 815sqm, with ocean views from the south-eastern balcony.
There is an in-ground pool plus adjacent converted garage that makes for an excellent cabana or studio/office with bathroom.
The upstairs residence, which boasts an as new kitchen and two ensuite bathrooms, is leased to an excellent tenant at $750 per week (lease expires Feb 2022) and downstairs could also be leased at approx $750 per week.
The property has an excellent holiday accommodation history with previous high returns and minimal vacancies.
It also has re-development potential for two to three townhouse/villa homes (subject to council approval).
Located across from noted cafes and an approx. 200 metre stroll to Sandon Point Beach, surrounding park reserves and bike track. Also offers an easy commute to Sydney being only a three minute drive to Bulli Pass.