1547 Ocean Drive, Lake Cathie
6 bed, 2 bath, 608m2 block
Auction: on site 28 March 2026 at 1:30pm
OPPORTUNITY knocks in the heart of Lake Cathie.
Set in a prime, walk-to-everything location, this property offers a four-bedroom main residence plus an approved two-bedroom granny flat – a dual-income or extended family configuration with serious upside.
“Yes, it needs work, however the fundamentals are solid, the layout is versatile, and the potential is undeniable,” a spokesperson for Beachscape Property said.
“With vision and a well-executed transformation, you can maximise rental returns and future capital growth in this laid-back coastal town.
“Position is the key driver: stroll to the beach, shopping complex, tavern and lake, with Port Macquarie CBD and airport within 15-20 minutes drive and convenient access to the M1 for commuters.
“Investors, builders and renovators – this is your value-add project.
“Start the plans, bring the toolbox, and unlock the return.”
The main house has four bedrooms and one bathroom, with timber floors in the lounge and hallway.
The DA approved granny flat was built in 2014, with two bedrooms and one bathroom.
It is on a separate title, with a nominated address of 1547A Ocean Drive, Lake Cathie.
Council rates are approximately $3,000 per annum.
A building and pest report is available on request.
Potential to start generating income straight away with the granny flat while renovating the house.
All information contained herein is gathered from sources agents consider to be reliable.
However, we cannot guarantee or give any warranty about the information provided.
Interested parties must rely on their own enquiries.
Contact Susan on 0410 938 691 or Debbi on 0435 677 256 for more information.
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