287 Gregory Street

South West Rocks NSW 2431

Property Features

Three separate houses on one title rare triplex investment
Combined estimated rental return of approximately $1,500 to $1,600 per week
Multiple income streams providing reduced vacancy risk and consistent returns
High yield potential with strong rental demand in a coastal growth area
Solid, low-maintenance brick construction with tiled roofing
Functional layouts with light-filled interiors, tiled living areas, and ceiling fans throughout
Each house includes centrally located split system air conditioning for year-round comfort
Two single lock-up garages and one double lock-up garage with internal access
Private outdoor areas and fenced lawns for each house

Property Configuration

House 1 & House 2 (mirror layouts)

Each home offers three bedrooms with built-in wardrobes, a central bathroom with separate bath and shower, and open-plan living, dining, and kitchen spaces. Both include a single lock-up garage with internal access and a private covered alfresco area, appealing to long-term tenants and ensuring steady rental income.

House 3 (larger home)

The largest of the three, this four-bedroom home includes a master bedroom with ensuite, spacious open-plan living and dining zones, a well-appointed kitchen with ample storage, and a double lock-up garage. The private fenced yard and covered entertaining area position this dwelling for a premium rental return.

Investment Appeal

This is a genuine multi-income investment designed for performance. As a triplex configuration with three separate residences generating independent rental returns, the property offers a level of income security rarely found in the current market.

The projected combined rental return of $1,500 to $1,600 per week supports strong positive cash flow fundamentals, while the diversified tenancy structure helps protect against vacancy and market fluctuations.

For SMSF investors, this represents a "set and forget" investment with reliable income, asset backing, and long-term growth potential in a proven regional market.

Future Potential

Zoned R3 Medium Density Residential, the property also presents future development potential (STCA), making it suitable for investors or developers looking to land bank while generating immediate income. This zoning adds a strategic layer of upside that is increasingly difficult to secure in coastal locations.

Location

South West Rocks is one of the Mid North Coast's most desirable beachside communities, known for its lifestyle appeal, limited supply, and consistent buyer demand.

From this address, you are only minutes to the town centre, cafs, beaches, schools, and key amenities, ensuring ongoing appeal for tenants, owner-occupiers, and future investors.

Opportunity

Triplex properties offering high yield, multiple income streams, and future development potential on a single title are extremely rare.

If you are looking for a strategic investment with strong returns, low risk profile, and long-term upside, this is an opportunity not to be missed.

For further details or to arrange your private inspection, contact Eric Agostini on 0435 008 788.