2 Sixth Avenue, Toukley NSW 2263

2 Sixth Avenue, Toukley NSW 2263
Dual occupancy on single title | Toukley coastal pocket | Two separate living zones | Strong rental yield potential The property’s dual-occupancy configuration on a single title is its primary competitive advantage, effectively delivering two income streams from one land holding. This is rare in Toukley and positions the buyer to achieve rental returns significantly above a standard single dwelling, with the upper-level unit offering immediate separation for tenants or extended family. The 500mยฒ lot with only 26% building coverage leaves meaningful outdoor space, which is often compromised in dual-occupancy setups. This property best suits an investor seeking yield without strata complexity, or a multigenerational household wanting proximity with privacy. The main risk is the data discrepancy around the dwelling’s history, suggesting the dual-occupancy may be a recent conversion not yet fully reflected in council records or market comparables. This could affect financing or future redevelopment flexibility. The buyer should verify approvals and any unregistered works before exchange. On the opportunity side, the 5G coverage and absence of overlays reduce holding risk, while the 7m roof height hints at potential for future vertical addition if zoning permits. Hold this property for cash flow, not short-term capital gain.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Toukley presents a compelling coastal lifestyle proposition, attracting a mature demographic seeking a relaxed community atmosphere. Demand is driven by this balanced lifestyle appeal, supporting steady rental growth. The housing market demonstrates solid capital appreciation, though units remain stagnant, and recent sales activity suggests a more cautious buyer sentiment with properties taking longer to sell. Future growth is underpinned by sustained rental demand, yet the market faces constraints from low transaction volumes and a bifurcated performance between houses and units.
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PropCred Estimated Value

Bedrooms

5

Bathroom

3

Parking

2

Land

500mยฒ

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