42 Ocean View Dr, Woodgate is a 8 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 941m2.This Property is currently listed for sale with Altora Global
Investors looking for a quality coastal asset with strong depreciation potential should take notice.
Recently reduced to Offers Above $750,000 per unit, this brand-new duplex represents exceptional value in today's market. Offering two fully self-contained four-bedroom residences just 570 metres from Woodgate Beach, this is a rare opportunity to secure a newly completed coastal investment with the flexibility to generate dual income streams.
For investors, the appeal extends beyond rental income. As a brand-new build, eligible purchasers may benefit from significant depreciation allowances typically associated with new construction, which may form part of a negative gearing strategy, subject to their individual circumstances and advice from a qualified accountant or financial adviser.
Investor Highlights
Brand-new construction with full depreciation benefits potentially available
Potential negative gearing advantages for eligible investors, subject to professional advice
Dual-income opportunity with two self-contained residences
Low-maintenance asset with everything completed and ready to lease
Offers Above $750,000 per unit, representing outstanding value for a brand-new beachside duplex
Strong tenant appeal in a growing coastal community
Solar power systems installed to both residences
No building delays, no construction risk, no waiting to generate rental income
A Rare Turnkey Investment Opportunity
With the price now reduced to Offers Above $750,000 per unit, this property offers investors the opportunity to secure a brand-new coastal asset at a highly competitive price point.
Opportunities to purchase newly constructed duplexes with potential dual income, depreciation benefits and beachside positioning are increasingly difficult to find.
Whether you're looking to expand your portfolio, diversify into coastal property or secure a long-term hold in a sought-after location, 42 Ocean View Drive delivers the fundamentals many investors are searching for.
Disclaimer:
Whilst every endeavour has been made to verify the correct details in this marketing neither the agent, vendor or contracted illustrator take any responsibility for any omission, wrongful inclusion, misdescription or typographical error in this marketing material. Accordingly, all interested parties should make their own enquiries to verify the information provided.
Any floor plan, imagery or video included in this marketing material are for illustration purposes only, all measurements are approximate and are intended as an artistic impression only. Any fixtures shown may not necessarily be included in the sale contract and it is essential that any queries are directed to the agent.
The size of Woodgate is approximately 189.2 square kilometres. There is 1 park, covering nearly 63.9% of the total area. The population of Woodgate in 2016 was 1165 people. By 2021 the population was 1521 showing a population growth of 30.6% in the area during that time. The predominant age group in Woodgate is 60-69 years. Households in Woodgate are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Woodgate work in a clerical occupation.In 2021, 73.50% of the homes in Woodgate were owner-occupied compared with 73.90% in 2016.
Woodgate has 1,766 properties. Over the last 5 years, Houses in Woodgate have seen a 65.85% increase in median value, while Units have seen a 80.75% increase. As at 31 August 2026:
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