An exciting opportunity for investors to make their mark on the Northern Beaches. Peaceful and private and sure to impress, this large home with a council approved, fully self-contained modern two bedroom granny flat, is tucked away from the street on a large 976 m2 parcel of land. This spacious property is close to Warriewood and Narrabeen Beaches, shops, schools and transport.

The recently painted five bedroom home is ready to move in or presents a great rental return for any keen investor. Comprising of three bedrooms, on the upper level, all with built in wardrobes. The master bedroom with ensuite leads to a balcony enjoying district bushland views. The open plan stone kitchen with stainless steel appliances flows to a generous living and sunroom. The lower level consists of two additional bedrooms and bathrooms, a second living area flowing onto a huge sun drenched balcony with a northerly aspect, perfect for working from home, in-law accommodation or for large families.

The separate granny flat was constructed in 2012 with council approval, with long term tenants in place, is currently leased for $525 p/w with a full length North facing terrace with own private entrance.

-Split system air conditioning, ceramic wall heaters, skylights, water tank
-An abundance of storage space including two sheds and a large lockable under house storage area
-Double carport plus off-street parking
-Less than 2.6km to North Narrabeen Beach, 750m to Warriewood Shopping Centre and only 1.5km to the B-line bus stop to the city

This presents a fantastic opportunity for owner-occupiers to get into the Northern Beaches property market with rental income to supplement mortgage repayments, or investors seeking high yield return.

A combined estimate of rental income in today’s market would be in the vicinity of $2,085 – $2,180/week
Council Rates: $605 per quarter
Water Rates: $145 per quarter + usage

There is even more information on our www.drakerealestate.net.au site and if there is a specific question not answered there, call Martha MacLaurin-Wood on 0437 627 842 or John Drake on 0418 952 240.

Approved Separate Flat, Area Views, Close to Schools, Close to Shops, Close to Transport