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11 Yamba Street
The Entrance, NSW 2261
$2,750,000 To $2,850,000
Overview
6 Units on One Title with Ocean Views - Rare Investment/Superannuation / Development Opportunity
Located in a prime coastal area just a short walk from The Entrance's patrolled beach, rock pools, shops, schools, and public transport, this substantial property offers a rare and exciting opportunity for investors or developers.
The property comprises six existing units spread across two levels, with the potential to convert a rear storage area into a seventh unit, subject to council approval (STCA). This presents impressive income potential.
Upstairs features include:
- A spacious 3-bedroom unit with a large front veranda offering ocean views.
- The master bedroom includes a walk-in robe and ensuite, while the other bedrooms have built-in robes.
- This 3-bedroom unit was previously used by the owners for lifestyle living, with an estimated rental income of $500 to $520 per week.
- A separate 1-bedroom, 1-bathroom unit with a single carport.
Downstairs features include:
- Four 2-bedroom, 1-bathroom units, all currently tenanted.
The combined potential income for all six properties could reach approximately $130,000 per annum.
Further potential: There is an opportunity to convert the rear storage area into a seventh unit (subject to council approval), which would further increase rental returns.
Location highlights:
- Approximately 550 meters walk to The Entrance Ocean Baths.
- Approximately 700 meters to Coles, cafes, and specialty shops.
- Close proximity to beaches, schools, and public transport.
- Approximately 14 kilometers to Tuggerah Westfield shopping center and the M1 Motorway.
Whether you are looking to landbank, invest, or redevelop (zoned R3), this property represents a blue-chip opportunity in a tightly held lifestyle location. Do not miss the chance to secure this impressive coastal investment with six units on one title.
Additional details:
- Water rates are approximately $102.00 per week.
- Council rates are approximately $100.00 per week.
Location
The Entrance NSW 2261
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
