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5 and 5a Edward Street,
Budgewoi 2262, New South Wales

5 bedrooms
2 bathrooms
1 car space
575m² land size
250m² building size
House

$960,000

Property details

Incredible Investment Opportunity. 2 Homes Providing a Dual Income of $1,030.00 per week in Fantastic Coastal Location.

Positioned in the heart of Budgewoi, a short walk up to the local shops or down to the tranquil waters of Budgewoi Lake this is all about coastal living. The nearby cafes, bowling club and pub offer plenty of dining and social options or take a short drive over the bridge to Budgewoi's dog friendly beach for a run and swim with your four legged friends.

Boasting a current income of $1,030.00 per week, the property features a solid brick and tile home at the front plus a council approved granny flat to the rear.

The main house consists of 3 good sized bedrooms, generous lounge and dining areas with ceiling fans and air conditioning for year round comfort undercover entertaining patio, and a fully fenced private yard with a single lockup garage. There is an excellent tenant in place until at least January 2026 paying $550.00 per week.

Completed in 2024, the rear granny flat is ultra modern and offers 2 bedrooms with built in wardrobes, modern kitchen, bathroom and separate laundry plus spacious open plan living with air conditioning and high ceilings. There is a excellent tenant in place until at least March 2026 paying $480.00 per week.

• Council Approved 3 bedroom house at the front and 2 bedroom granny flat at the rear.
• Current return of $1,030.00 per week.
• Walk to local schools, shops and lake with a short drive to the beach.
• Fantastic set and forget investment opportunity in growth corridor.
• Beautiful beachside and lakeside location.
• Perfectly positioned 1 hour north of Sydney & 1 hour south of Newcastle.

DISCLAIMER: This advertisement contains information provided to us by third parties. Whilst we have taken all care to provide you with the correct and up to date information, Ray White Coast Edge does not make any representation as to the accuracy of the information contained in this advertisement and does not accept any responsibility or liability and recommends that all interested parties make their own investigations, enquiries and seek the advice of an independent legal representative. At all times, the vendor will rely on the contract for the sale and purchase of land 2022 edition.

Explore the area

School catchments

  • Budgewoi Public School Primary K-6 Government 1.2km
  • Toukley Public School Primary P-6 Government 3.9km
  • St Mary's Catholic Primary School Primary K-6 Catholic 3.9km
  • Northlakes Public School Primary K-6 Government 4.5km
  • Gorokan Public School Primary K-6 Government 4.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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