$1.5m

9 Bed    5 Bath    2 Car

Property ID: 21562201

Land Content: R1 General residential

Land Size: 1606 m²

Zoning: R1 General residential

Rates: $7,223.25 Annually

Outdoor Ent: Yes

Rare Coastal Investment Opportunity - Block of 5 Units in Sought-After Urunga

Positioned on a quiet street just 1.5km from Urunga Beach, this block of five units offers an exceptional investment opportunity in one of the Mid North Coast's most desirable seaside villages.

Set on a spacious 1,606m2 block, the property comprises:

2 x 1-bedroom units

2 x 2-bedroom units

1 x large 3 bedroom plus office unit

Each residence is fully self-contained, featuring its own laundry facilities, solar hot water system, and front and rear entertaining areas. One unit includes a double carport, while the remaining dwellings have off-street parking.

Completely rebuilt in 2011, the complex offers peace of mind with modern updates including a new roof, bathrooms, electrical, and plumbing. The single-level design provides low-maintenance living and easy access for all residents.

Enjoy a relaxed coastal lifestyle with Urunga's pristine beaches, vibrant cafes, and local restaurants all just moments away.

This property delivers excellent rental yield and consistent tenant demand-a solid, long-term addition to any investment portfolio. Current rent return $89k pa, showing around 6% return.

Key Features:

Block of 5 self-contained units, all with off-street parking (one with double carport)

Modern rebuild (2011) - new roof, bathrooms, electricals, and plumbing

Solar hot water systems in all units

Low-maintenance, single-level design - no stairs

Well maintained property

Quiet location just minutes to surf, cafes, and restaurants

Strong rental returns and ongoing tenant demand

Land size: 1,606m2

Council rates: $7,223.25

Current rent $89,000 showing around 6% return.

A rare chance to secure a strong-performing coastal investment in the highly sought-after township of Urunga.