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Description: This rare block of units at 59 Edmonds Street presents an outstanding opportunity for investors, renovators, or buyers looking to enter the property market and become a landlord themselves.
Set on a generous 893m² block, this property offers three separate units with immediate rental income and excellent future potential.
Property Highlights
• Three units on one title
• Large 893m² allotment
• Walking distance to the beach
• Solid investment with value-add potential
• Opportunity to live in one and rent the others
Unit Breakdown
Unit 1
• Spacious one-bedroom layout
• Study nook
• Currently tenanted with the opportunity to increase the rent from December 2026
• Open plan kitchen ,dinning and lounge.
• Lock up Single bay garage
Unit 2
• One bedroom
• Open large lounge room dinning and kitchen
• New kitchen recently installed
• Dedicated study area
• Ideal owner-occupier option
Unit 3
• Two bedrooms
• Air-conditioned living
• Currently tenanted with the opportunity to increase the rent with two (2) months notice
Why You'll Love It
Opportunities like this are becoming increasingly rare. Whether you're looking to expand your investment portfolio or step into property ownership, this is your chance to live in one unit while the other two help pay the mortgage.
Yes - the building is older and does require work, but with vision and renovation, the upside here is undeniable.
Enjoy relaxed coastal living just minutes from the sand while securing a multi-income asset in a sought-after beachside suburb.
Beat the landlord... and become one yourself.
To inspect the units call Brett Poole on 0403 570 382.
Disclaimer:
This property is offered for sale without a stated price. Accordingly, no price guide is available. Any price range displayed by online platforms is generated solely for website functionality and does not form part of the agent's marketing or advice.
All information contained in this advertisement has been provided by the seller. While reasonable care has been taken in its preparation, the agent makes no representations or warranties regarding the accuracy or completeness of the information and accepts no liability for any errors, omissions, or inaccuracies. Prospective purchasers should rely on their own inspections, enquiries, and independent advice to satisfy themselves as to all aspects of the property.
Images, floor plans, location indicators, and any furnishings or styling - whether physical or virtual - are included for illustrative purposes only and do not form part of the sale. No financial, legal, or investment advice is provided, and purchasers are encouraged to obtain their own independent advice in relation to finance and funding.
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