18 Braid Rd, Fern Bay is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1998. The property has a land size of 501m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
OneThreeProperty@realty is proud to present yet another Golden opportunity to market.
Positioned in the heart of original Fern Bay on the ever-popular Braid Road, this unique dual occupancy property offers a rare opportunity to renovate, add value, and maximize rental return in a tightly held beachside community.
Layout:
. RHS unit completed with new flooring, new kitchen and fresh paint throughout, current rent return of $500/week.
. LHS unit undergoing construction, new sub-floor throughout, new piers, electrical rough in completed, with outstanding work's remaining to completed - Gyprock, Kitchen, Bathroom & Painting this unit would be renting for an extra $500/week or $1000/week combined.
Key Features:
> Duplex-style dual occupancy layout
> Separate metering ideal for dual income potential
> One unit leased, the other partway through full renovation
> Great block with potential for a granny flat (STCA)
> Located in a quiet, close-knit street in sought-after Fern Bay
> Direct access to beach via Fern Bay 4WD track
> Rent potential once complete: approx. $1,000/week
Whether youre a renovator, investor, builder or savvy buyer, this is an exceptional chance to secure a property with huge potential and strong rental yields. Add your own finishing touches, complete the renovation, and unlock the full value of this rare dual-income gem.
The current owner has had a change in circumstances and is selling the property as is, making this the perfect buy-in opportunity in a fast-growing beachside suburb.
The size of Fern Bay is approximately 8.4 square kilometres. There are 6 parks, covering nearly 51.1% of the total area. The population of Fern Bay in 2016 was 2763 people. By 2021 the population was 4046 showing a population growth of 46.4% in the area during that time. The predominant age group in Fern Bay is 70-79 years. Households in Fern Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fern Bay work in a professional occupation.In 2021, 72.40% of the homes in Fern Bay were owner-occupied compared with 79.60% in 2016.
Fern Bay has 1,998 properties. Over the last 5 years, Houses in Fern Bay have seen a 33.49% increase in median value, while Units have seen a 48.68% increase. As at 31 July 2026:
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