4 Lakeview Street, Boolaroo, NSW 2284

Auction Location: On Site

Presenting a rare investment opportunity at 4 Lakeview Street, Boolaroo. This dual key property offers excellent returns with two homes on a single title. Located in the heart of Boolaroo, just a stone's throw from Lake Macquarie, it offers a lifestyle of convenience and leisure. The property is ideally positioned close to the lake, with its walking tracks, boating facilities, and picnic spots providing a great outdoor lifestyle. Easy access to local shops, schools, and transport links makes this property attractive to a wide range of tenants.

Front house:
•	Three generous bedrooms
•	Spacious central lounge room with reverse cycle AC and gas point.
•	Functional kitchen, separate laundry and toilet with rear access.
•	Front sunroom, off the main bedroom could be converted to study area or 2nd 
        bathroom and walk in robe.
•	Freshly painted with new carpet, ready for immediate occupancy.
•	Market rent $500.00/ week

Rear house:
•	Built in 2018, designed with accessibility in mind, featuring level access throughout.
•	Two spacious bedrooms with built-in wardrobes and extra-wide doorways.
•	Open-plan living with a modern kitchen, dining and lounge area
•	Accessible bathroom with a walk-in shower, ideal for people with mobility needs.
•	Covered alfresco area
•	Two split system air conditioners (living area and main bedroom)
•	Double carport, low maintenance lifestyle 
•	Market rent $550.00/ week

Investment highlights:
•	Median House Sale Price: $911,000, reflecting the area's desirability.
•	Median Rent Value: $640.00, offering attractive rental opportunities for investors.
•	Strong Growth: Over the last 12 months, Boolaroo has experienced a remarkable 
        growth rate of 12.6%, demonstrating its resilience and potential for investment returns.
•	Long-Term Growth: Over the last 5 years, Boolaroo has seen substantial growth, with 
        an impressive increase of 85.3%, indicating its long-term viability as a property 
        investment destination.
•	Market Activity: Homes in Boolaroo are in high demand, spending an average of 43 
        days on the market, a testament to the area's appeal and strong market activity.

This is a fantastic opportunity for investors seeking strong returns in the sought-after Lake Macquarie area, known for its lakeside living and growing infrastructure. With plenty of potential for easy value-adding opportunities (subject to council approval), the property offers scope for further enhancement. This is an investment with solid returns now and even greater potential for future growth.

Zoning: R2 Low Density Residential
Land Area: 809m2
Council: Lake Macquarie
Land Rates: $1966pa approx
Water Rates: $826pa approx

IMPORTANT INFORMATION ABOUT AUCTIONS – 
We welcome you to bid on-site or on-line. 
All registrations need to be completed prior to the auction and require approval. Please allow sufficient time for the registration process.
Register via this link….  https://buy.realtair.com/properties/144950. 
Call 02 4943 6333 if you require assistance.

Disclaimer: 
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.