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UNIT 1 & 2 / 21 Binbilla Drive, Bonny Hills
4 bed, 2 bath, 1 car
Offers Invited
POSITIONED in the sought-after beachside community of Bonny Hills, 21 Binbilla Drive presents an outstanding opportunity to secure two self-contained residences on a single title, delivering immediate income and long-term flexibility.
Set on a substantial 780m² corner allotment, the property comprises two attached two-bedroom units, each with its own kitchen, bathroom, living and dining areas, outdoor entertaining space, and carport parking.
Both residences are designed for comfortable independent living and feature built-in wardrobes, making them highly attractive to tenants and owner-occupiers alike.
For investors, this is a rare chance to acquire a dual-income asset generating a combined rental return of $920 per week, equating to approximately $47,840 gross income per annum.
Unit 1, currently vacant, was returning $450 per week, while Unit 2 is leased at $470 per week.
Adding further appeal is the absence of strata fees, allowing owners to maximise returns without the burden of ongoing strata levies.
Combined with council rates of approximately $3,000 per annum, this property offers a compelling investment proposition in a tightly held coastal market.
The layout also creates excellent flexibility for owner-occupiers.
Live comfortably in one residence while generating rental income from the second, helping offset ownership costs while enjoying the relaxed Mid North Coast lifestyle.
A standout feature of the property is its potential for subdivision into two separate titles, subject to council approval and all relevant planning, surveying, servicing and legal requirements.
For strategic investors, this future possibility may create additional value and flexibility, offering the option to retain both dwellings, sell individually, or hold one while releasing the other to market.
Purchasers should undertake their own investigations regarding subdivision feasibility.
Located just 18kms south of Port Macquarie, Bonny Hills continues to attract residents and investors seeking a relaxed coastal lifestyle with convenient access to major amenities.
Beautiful local beaches, including Rainbow Beach, are nearby, along with local shops, tavern facilities and everyday services.
Port Macquarie’s extensive shopping, medical, employment and recreational facilities are all within easy driving distance.
Whether you’re seeking strong dual-income returns, an owner-occupier solution with income support, or a property with potential future value-add opportunities, 21 Binbilla Drive is an opportunity not to be missed.
21 Binbilla Drive is open for inspection on Saturday 17th October at 9:30am.
For more information on this property, please contact Wayne Heilman on 0418 699 080.
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