7A Cathedral Rocks Avenue, Kiama Downs NSW 2533

Price Guide $480,000 - $520,000

2 beds

1 baths

2 parking

Dual Investment with ocean views

First time offered for sale this rarely found dual investment property can be sold in one line or separately.
Both properties feature a north facing aspect with ocean views and are only minutes to surf beaches, golf, shops and schools.

The home (7 cathedral Rocks Avenue) is single level and offers three bedrooms and lock up garage (price range $770,000 - $840,000).

The attached townhouse (7A Cathedral Rocks Avenue) offers two bedrooms and a single lock up garage (price range $480,000 - $520,000).

The Possibilities:
- Two attached Torrens title income producing properties on separate titles. No Strata fees.
- Can be let separately or together.
- If downsizing or sea changing, this property represents potential for owners who may require extra space for an elderly parent to live at close but still with some privacy and separation
- Also a great investment for first home buyers with rental income to assist with mortgage costs. (Office of state revenue offer stamp duty concessions up to $800,000).
- Sold in one line or separately.

Features
- Quite location
- Close to two beaches, Minnamurra River, golf, transport, shops and school.
- North facing, ocean views
7 Cathedral Rocks
Council rates - $1,772.00
Rental $520 to $540/week

7A Cathedral Rocks
Council rates - $1,632.00
Rental $430 to $450/week

Property Details

• Type: Unit
• Bedrooms: 2
• Bathrooms: 1
• Garage Spaces: 1
• Other Parking: 1

Features