Rare Dual-Dwelling Opportunity in Seaside Village Estate - Income, Flexibility & Lifestyle

Opportunities like this are few and far between. Positioned in the highly sought-after Seaside Village Estate, 17 & 17A Jabiru Drive, Fern Bay presents a unique chance to secure two dwellings on one title - an ideal solution for savvy investors, SMSF buyers, or those seeking multi-generational living with additional income potential.

Set on a prominent corner 652sqm block at the intersection of Jabiru Drive and Water Street, this versatile property offers both space and flexibility in a thriving coastal community.

17 Jabiru Drive - Spacious Family Home (Currently leased at $720/week)

Accessed via Water Street, this well-maintained two-storey residence is designed for comfortable family living:
• Four generously sized bedrooms, all located upstairs
• Master bedroom complete with private ensuite
• Central main bathroom with separate bath and shower
• Light-filled open plan living and dining area flowing from the kitchen
• Tidy kitchen with breakfast bar - perfect for casual meals
• Large laundry with additional bench and cupboard space, ideal as a butler's pantry
• Upstairs landing - perfect as a kids' retreat or second living area
• Linen cupboard for added storage
• Internal access to double garage
• Fully fenced grassed side yard - ideal for children and outdoor enjoyment

17A Jabiru Drive - Self-Contained Villa (Currently leased at $500/week)

Perfect as a secondary income stream, downsizer option, or accommodation for extended family:
• Single-level, low-maintenance design
• Two carpeted bedrooms
• Functional kitchen with gas cooktop
• Open plan living and dining area
• Split system air conditioning for year-round comfort
• Bathroom with separate bath and shower
• Private, fenced backyard suitable for kids and pets

Location Highlights
• Directly opposite Banksia Park featuring BBQ facilities and a skate ramp
• Walking distance to Milestones Early Learning Centre
• Easy access to 4WD beach and sand dune adventures
• Just minutes to Stockton Village with a quick 5-minute ferry ride to Newcastle CBD
• Less than 10km to Newcastle Airport
• Future growth assured with a new shopping centre on its way including Woolworths nearby
• Investment Appeal

With a strong combined rental return of $1,220 per week, this property represents outstanding value in one of Fern Bay's most popular and fast-growing areas.

Whether you're looking to expand your portfolio, secure a dual-income asset, or accommodate extended family while maintaining privacy, this is an opportunity not to be missed.

Contact Mel Payne today and discover the potential of this exceptional dual-dwelling property.

Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Explore the area

School catchments

Fern Bay Public School Primary K-6 Government 2.2km
Stockton Public School Primary P-6 Government 6.4km
St Peter's Primary School Primary K-6 Catholic 6.7km
Mayfield East Public School Primary K-6 Government 7.3km
Carrington Public School Primary K-6 Government 7.4km
San Clemente Catholic College Secondary 7-10 Catholic 7.7km
St Columban's Primary School Primary K-6 Catholic 7.9km
Hunter Christian School Combined K-12 Independent 7.9km
Tighes Hill Public School Primary K-6 Government 7.9km
Newcastle Grammar Bolton Street Campus Secondary Independent 8.2km
Newcastle Grammar School Combined K-12 Independent 8.3km
Newcastle East Public School Primary K-6 Government 8.5km
Mayfield West Public School Primary P-6 Government 8.5km
Islington Public School Primary K-6 Government 8.7km
Novoschool Secondary 7-9 Independent 8.9km
St Francis Xavier's College Secondary 7-12 Catholic 9.3km
Callaghan College Waratah Campus Secondary 7-10 Government 9.4km
Newcastle High School Secondary 7-12 Government 9.5km
Newcastle Grammar Park School Campus Primary Independent 9.6km
Corpus Christi Primary School Primary K-6 Catholic 9.6km
Hamilton Public School Primary K-6 Government 9.7km
St Philip's Christian College - Waratah Combined K-12 Independent 9.9km
Merewether High School Secondary 7-12 Government 10.7km
Lambton High School Secondary 7-12 Government 10.8km
Hunter School of Performing Arts Combined K-12 Government 10.8km
Awabakal Environmental Education Centre Combined Government 11.2km
Hunter River High School Secondary 7-12 Government 11.6km
Catherine McAuley Catholic College Secondary 7-12 Catholic 11.8km

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.

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