A fantastic opportunity exists for the astute investor or extra-large family with this unique property situated opposite the shores of Tuggerah Lake and the very popular cycleway. The main residence features 4 spacious bedrooms, 3 bathrooms and 2 new kitchens with gas cooking, plus multiple living spaces and water glimpses. The home is conveniently located on a corner block allowing separate access to a recently built 2-bedroom granny flat, which is currently leased with great tenants. Both properties are very well presented with potential returns of up to $1250 per week on offer. - Versatile floorplan with 3 bedrooms plus separate 1-bedroom studio or 4 bedrooms - Brand new kitchen featuring gas cooktop, plenty of cupboard space and dishwasher - Three living spaces; air conditioning and gas heating; beautiful lake breezes - Car accommodation; good size fenced backyard; two clothes lines - 60m2 granny flat with lounge and dining plus 2 good size bedrooms - Well appointed kitchen complete with gas cooking and dishwasher - Fully fenced yard, perfect for kids and pets; split-system air conditioning - Approximately 10 minutes' drive to Shelly Beach plus popular cafes - Less than 12 minutes' drive to Westfield Tuggerah, M1 Motorway and rail (approx.) - Rental appraisal available on request KEY INFORMATION: Rates: $508.73 per quarter approx. Water: $274.08 service charges per quarter approx. Disclaimer: Every precaution has been taken to establish the accuracy of the above information, which we have gathered from sources we believe to be reliable; however, we cannot guarantee its accuracy and it does not constitute any representation by the vendor or agent.