8 4 4
63 Lake Parade, East Corrimal, NSW 2518

Lucrative Investment Opportunity With 4 Income Streams!

Backing onto a creek, this set of 4 units occupies a huge block in a blue-chip East Corrimal enclave and offers a rare chance to secure multiple income streams. Owner-occupiers may also consider building your dream home and enjoy the convenience of walking to the beach, town and train!

Relishing in a peaceful setting, this allotment backs onto the pristine waters of Towradgi Creek and is situated in a sought-after East Corrimal pocket. A stroll down the street will take you to the water's edge and is where you'll find Corrimal Surf Life Saving Club, Corrimal Beach, cycleways and beautiful parks and playing fields. Ideally located close to town, the vibrant Corrimal village is brimming with shops, supermarkets, services and more.

Appealing to families and retirees, the property is within walking distance to Corrimal East Public School and Corrimal High School, whilst Towradgi Park Bowls and Recreation Club is a casual walk across the bridge.

A bus stop lies a few doors down, and Corrimal Train Station is also a quick walk away and offers both links to Sydney (90-minutes approx.) and Wollongong (20-minutes approx).

Neatly presented and occupying a large 771m2 (approx.) block, this small and quiet complex comprises four 2 x bedroom units.

Each low-set unit welcomes you on arrival via a separate patio. Upon stepping inside, the units reveal an open plan lounge and dining room which flow to the fully equipped kitchen. Featuring 2 large bedrooms, a bathroom services each unit and includes a shower over bath, toilet and vanity.

There is ample accommodation at the rear of the complex for residents to park and the complex is set amongst easy care, level and accessible grounds requiring little maintenance.

Consider your options and explore the potential of this unique opportunity. Investors will appreciate a set and forget complex yielding a lucrative return on investment, ripe for future capital gains. Owner-occupiers looking for a convenient beachside position with a creek out the back may also contemplate the possibilities of a complete knockdown and build the coastal retreat of their dreams. Residing in a desirable location, this property will be snapped up quickly as an entire complex of this calibre, walking distance to the beach and town, seldom comes to market. Call now to arrange an inspection today.