18 Nott Street, Warners Bay NSW 2282
18 Nott Street, Warners Bay NSW 2282
6 bedrooms | two dwellings | flat 759 mยฒ block | Warners Bay | renovation upside
This property offers a rare configuration within a tightly held lakeside suburb: a flat 759 mยฒ block supporting two dwellings, giving a buyer immediate flexibility. The six-bedroom layout across separate improvements suits an investor seeking dual-income potential or a multigenerational household wanting privacy on one title. The flat land and established location reduce site risk for those considering a future rebuild, while the garage and sheds add practical utility that standard houses lack. For a buyer who values optionality over a turnkey finish, this holding positions well ahead of typical single-dwelling offerings in the area.
The dated condition is the primary cost: cosmetic renovation is likely, and structural or compliance work may surface upon inspection. The two-dwelling arrangement demands careful review of council approvals, occupancy classification, and utility separation, as any unapproved status could limit financing or insurance options. Redevelopment potential is real but contingent on zoning, setbacks, and overlay checks. The buying case rests on securing a large, flat site with existing dual accommodation in a strong location, then either renovating for rental yield or holding for longer-term land value growth.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 18 Nott Street, Warners Bay NSW 2282
Market Insight:
Warners Bay is a desirable lakeside suburb attracting established professionals seeking its lifestyle offerings. This demographic drives consistent demand, reflected in a robust market with strong recent price growth and brisk sales activity. Future values are underpinned by its enduring location appeal, though the market is currently considered fair-valued after a significant period of appreciation.