For sale

37 Gordon Avenue,
Summerland Point 2259, New South Wales

6 bedrooms
3 bathrooms
4 car spaces
714.5m² land size
Block of Units

$1,360,000


Property details

Three in One - Rare Multi-Income Stream Opportunity in Summerland Point

Attention investors! Nestled in the lakeside suburb of Summerland Point in a most desirable street , comes this rare opportunity to secure a block of 3 units in one line.

Currently returning a strong combined rental income of $1200 per week, all three units are fully tenanted providing immediate stability.

Each inviting unit comes well appointed with light-filled open plan living and dining, neat kitchens, two comfortable bedrooms, one bathroom, each with laundry, a carport, with courtyards or garden patio.

Perfectly positioned just - 2 Min drive to Summerland Point Boat Ramp, Local shops, Cafe Bakery and Sporties Club (approx.) low-maintenance investment ideal for savvy investors seeking multiple income streams in a superb region.

• Neat & tidy complex of 3 x 2 bedroom units
• Approx 714.5m2 allotment with flat sealed access to each unit
• 3 Carport Spaces
• 1 Single Garage with upstairs studio or storage room


Rental Return
Total: $1,200 total rental income

- 2 Min drive to Summerland Point Boat Ramp, Local shops, Cafe Bakery and Sporties Club (approx.)
- 3 Min drive to Sandy Beach Reserve relax by the water, have a picnic, go for a swim, paddle or fish.(approx.)
- 5 Min drive to Gwandalan Medical Centre, Gym and Bowling Club. (approx.)
- 10 Min drive To Lake Munmorah National Park & Pristine Beaches (approx.)
- 18 Min drive To Doyalson RSL, Shopping Centres (approx.)
- 40 Min drive To Newcastle (approx.)
- 75 Min drive To Hornsby/Wahroonga (approx.)

Disclaimer: Information has been sourced using third parties. As the representing agency, we do not guarantee accuracy, accept no liability, and advise interested parties to conduct their own investigations. Images are indicative only.

Inspections


Explore the area


School catchments

  • Gwandalan Public School Primary K-6 Government 1.2km
  • Nords Wharf Public School Primary K-6 Government 3.3km
  • Brightwaters Christian College Combined K-10 Independent 3.4km
  • Mannering Park Public School Primary K-6 Government 4.0km
  • Bonnells Bay Public School Primary K-6 Government 5.4km

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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