10 Chepana Street, Lake Cathie


Beachside multi-family living
Immaculately presented solid brick home with ocean views and multiple self-contained living areas. Ready to move in. Convenient location with beach, lake, shops, cafés, restaurants, tavern, bowling club, tennis courts all within a 5 minute walk. Watch the waves roll in from the upstairs parents retreat with large outdoor entertaining deck. This renovated home will appeal to families and investors alike.  Perfect for multi-generational families each needing their own space.  Live in one large two-story house with separate garden studio, or use as 3 separate self-contained dwellings each with its own entrance.  Double lock-up garage with laundry and extra toilet. Abundant lifestyle opportunity.
Solid rental yield; established short-term and long-term rental history.

- Downstairs features lounge with air-conditioning, full kitchen, dining, 3 bedrooms with built in robes + study, 1 bathroom with walk-in shower, separate toilet, all with extra grips. Plantation shutters and tiled floor throughout. Outdoor courtyard. Staircase leads to upstairs parents retreat, upstairs and downstairs internal access can be closed off to use as separate dwellings.

- Upstairs parents retreat features an open plan living, full kitchen and washing machine, two-way bathroom and bedroom with walk-in-robe, large entertaining deck with eye-catching views. Bamboo floors throughout.

- Modern garden studio is situated at the back of the block with separate entrance, kitchenette, built-in robes, and bathroom with rain shower, fully fenced yard and outdoor deck.

- Quality appliances

- Low maintenance gardens

Situated in a quiet cul-de-sac, one street parallel from the beach, in the heart of Lake Cathie's dress circle.
Easy access to boat ramp, Middle Rock surf break, Woolworths complex, Lake Cathie Public School, Medical Centre, M1 motorway.
Port Macquarie CBD 15-20 minutes drive.

- Large family with teenage or adult children? enjoy your own space and privacy
- Co-living with (elderly) parents
- Live in one dwelling and rent out the other(s) for extra cash flow. 

- Water Rates $99 per quarter
- Council Rates $2902 per year
- Solar hot water.
- Sale can be inclusive of furniture, appliances excluding antiques and gem stones.
- Existing tenancies can be honoured or settle with vacant possession.
- Successful rental history, agent can supply income statement $70,000-$75,000 gross rental income per annum.
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