Sold

6 Lentara Street,
Fingal Bay 2315, New South Wales

6 bedrooms
4 bathrooms
2 car spaces
695.5m² land size
House

$1,400,000


Property details

Three Units- One Title In Paradise

This incredible opportunity is not one to take lightly. Standing proudly in one of Fingal Bay's most sought-after streets is this 1980s double-brick and concrete building split into three separate units. Unmatched on the market for potential rental yield and location, this is an opportunity you won't want to let pass you by. Renovate, keep one for your own holiday visits, rent all three, or turn it into one large dwelling for the family.

LAND & LOCATION
Fingal Bay is one of the most pristine and unspoiled coastal hamlets on the East Coast. Boasting a world-class beach, iconic sand spit, island, and surrounded by National Park and Ocean. The land is just over 695m2, backs onto Tomaree National Park, and is only 350m to the golden sand of Fingal Bay Beach. 5min drive to Nelson Bay CBD, 40min to the Newcastle international airport, 1 hour to Newcastle CBD and 2.5hours to Sydney.

MAIN UNIT
Entering from the side formal entryway, you'll enter the main unit and its foyer. On the same level, there is a study/office area, large rumpus room, and internal access to the large double garage at the rear. Taking the stairs up, you'll find a bright, airy, and open-plan kitchen, dining, and living area. There are two bedrooms, a main bathroom, a store room, and a walk-in pantry. The main bedroom is towards the front with a walk-in robe and ensuite. The main bedroom and living area both flow out to the large tiled terrace at the front.

MIDDLE UNIT
Access to the middle unit is gained off the side ramp at ground level to the front balcony. The unit comprises an open-plan living and dining arrangement with an adjacent kitchen and internal laundry. There are two bedrooms, both with built-in robes and separated by the main bathroom in the middle.

LOWER STUDIO UNIT
On the lower left side of the dwelling is a private entry to the studio space. Enter an open space with an adjacent kitchen and external access to the bathroom behind. This space needs a little more than a spit-shine, but with a little effort, it could be a great little earner.

The potential here is huge. A large solid dwelling in a hot suburb with the potential for three income streams in a lovely tree-scape near the beach. The owner's directions are clear, and a sale on auction day is wanted. It has been a great long-term investment, but the time has come to pass the torch.

Contact our friendly sales team to receive your information pack, including the contract of sale, rental appraisals, holiday letting assessments, and building reports.

Explore the area


School catchments

  • Shoal Bay Public School Primary K-6 Government 1.1km
  • St Michael's Primary School Primary K-6 Catholic 3.8km
  • Tomaree Public School Primary K-6 Government 5.5km
  • St Philip's Christian College - Port Stephens Combined K-12 Independent 5.8km
  • St Philip's Christian College Gilibaa Primary K-4 Independent 5.8km

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.


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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