1 King George Street

Erowal Bay NSW 2540

With a current rental income return of approximately $1400 per week, this property also presents as an exceptional investment opportunity with an approximate 5.2% return. Split between two separate residences, there is excellent versatility to generate income whether you are looking for a large family home with additional granny flat income, a quite retirement option with generous income from the main house, or a combination of both. Being only a few years old, savvy investors can also take advantage of certain tax deduction benefits, further adding to the properties investment potential.

Main Residence:
- Private downstairs master suite with self contained living area, walk in robe and ensuite
- Second upstairs master suite with walk in robe and large dual sink ensuite.
- Three additional king size bedrooms, all with built in robes.
- Massive fully equipped family bathroom plus an additional powder room on each level for added convenience.
- Expansive open-plan living and dining area flowing seamlessly to an undercover alfresco entertaining space
- Separate formal living area, ideal for entertaining or relaxing
- Upstairs parents' retreat with expansive living space, balcony access, and stunning water views
- Designer kitchen featuring stone benchtops, soft-close cabinetry, walk in pantry, and premium Fisher & Paykel appliances including 900mm oven, cooktop, rangehood, and dishwasher
- Dedicated office/study space
- Ducted air conditioning throughout plus 10kW Solar for efficient year-round comfort
- Detached double garage, ample side access and electric gated entry and security.

Second Dwelling:
- Two generous bedrooms with built-in robes
- Modern bathroom plus separate toilet
- Fully equipped kitchen with stone benchtops, high end appliances and double sink.
- Open plan living area with split system air conditioning and private outdoor space
- Ideal for extended family, guest accommodation, or potential rental/Airbnb income

The owners are committed to achieving a sale and have made it clear that this property must be sold. If you've been waiting for the right investment or lifestyle opportunity, then this is an opportunity not to miss.

Contact Diesel Spiteri on 0432 301 771 to enquire any arrange an inspection.

Disclaimer: We have used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify.