42 Wakool Street, Windale, NSW 2306

Investment Opportunity with DA Approval for Second Dwelling

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Description

Phone Enquiry ID: 80456


Opportunity for first home buyers or smart property investors looking for dual income in Windale.

This low maintenance property is suited to those looking to enter the property market for the first time, or property investors seeking a solid rental return with a friendly and reliable tenant willing to stay and a DA approved secondary dwelling to increase the income return.

This property is an 8 minute walk to the $90-million retail complex featuring Bunnings Warehouse, Spotlight and Anaconda and providing 800 jobs that is currently in development by Lake Macquarie Council.

The block is a large 673m2 with a gentle slope towards the street and amply accommodates both residences.

Building the secondary dwelling at the rear of the block will double the current rental for an investor seeking high rental income. It could also provide an income opportunity for first home buyers looking to live in their own home while earning rental income from the secondary dwelling.

DA approved has been granted by Lake Macquarie Council for a secondary dwelling in the rear and carport in front of the existing dwelling (which is currently tenanted).

The property can be viewed most Saturdays by appointment so please call and let know you are interested so be shown through the property.

Features

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