513-515 Ocean Drive, North Haven

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THREE INCOMES ON ONE TITLE

Calling astute investors, renovators and those looking for a great buy! Here is the perfect opportunity to diversify your income stream with 3 properties for you to rent out, on the one title. Currently vacant, this property is ripe for renovation and has the potential to achieve a gross return of around $44,000.00 with some improvements. Set on a large 791.2m2 corner block the property currently consists of 2 dwellings.

Stand Out Features:

Main residence:

* Originally 2 flats now a 4-bedroom residence with 1 bathroom

* Large living area, front sunroom and internal laundry

* There is rear access to the garage and carport

Flat 1:

* An original 2 bedroom flat

* Central living area, 2 bedrooms, internal bathroom

* Side access to the separate rear yard

Flat 2:

* An original 2 bedroom flat

* Central living area, internal bathroom

* Small rear yard

Location Details:

165m to Camden Haven River & Boat Ramp (Bridge)

300m to Riverside walkway

850m to North Haven Shopping & Café Strip

1.7m to Laurieton CBD, Laurieton RSL Club & Medical Facilities

2.7km to North Haven Beach

25m drive to Port Macquarie CBD

If you are prepared to jump in and get the work done now this will be an impressive investment opportunity for the future. The decision has been made to sell and all offers will be considered on or before Auction Day.

ID# 11084101609

Land Area 791.2 sqm

Auction
Sat 27 Oct, 10:00am
On site

Open for Inspection

Thu 25 Oct, 9:30am - 10:00am
Sat 27 Oct, 9:30am - 10:00am

Stewart O'Brien

Stewart O'Brien
02 6559 7007
0409 707 441

Andrew Stokes

Andrew Stokes
02 6559 7007
0401 315 832

The above information has been furnished to us by the vendor of each property. We have not verified whether or not that information is accurate and have no belief one way or another in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. all interested parties should make and rely upon their own enquires in order to determine whether or not this information is in fact accurate.